NY gold hits new 25-year high, silver eyes $10/oz

Newswire

NEW YORK, Jan 31 (Reuters) - New York precious metals prices soared on investor buying on Tuesday, with gold scaling a new 25-year peak, silver hitting a 22-year high and platinum reaching a 26-year high in yet another fund-led rally. Overall bullishness on the metals for 2006 and jitters in currency markets before Federal Reserve Chairman Alan Greenspan retires this week helped hoist prices into new terrain, trading sources said. "The market is moving on its own momentum completely ...

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