NY gold, silver near new highs in holiday trade

Newswire

NEW YORK, Dec 29 (Reuters) - COMEX gold futures shot to a nearly 8-year peak and silver touched 5-1/2 year highs on Monday morning in choppy trading exaggerated by thin markets between the Christmas and New Year's holidays, dealers said. A mixture of speculative and trade buying boosted prices to new contract highs after an anemic U.S. dollar sank to a record low versus the euro, making the dollar-priced precious metals cheaper in foreign currencies. "It's just dollar-related. I think in ...

Premium Content (PAID Subscription Required)

"NY gold, silver near new highs in holiday trade" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×