NY silver hits 19-yr high early, trade eyes $10/oz

Newswire

NEW YORK, Jan 30 (Reuters) - New York precious metals advanced on speculator and fund buying Monday, with silver hitting a 19-year high on excitement over a proposed U.S. silver-backed investment and gold also extending its rally. Dealers said positive technical factors and an absence of speculative liquidation in the complex, despite a firmer U.S. dollar during the session, supported prices. Platinum also was well-bid, hitting another 26-year high. "Precious metals are up across the ...

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