NY gold, silver near new highs in holiday trade


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 ...

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