NY silver surges to 19-year high but ends flat

Newswire

NEW YORK, Jan 27 (Reuters) - Silver futures rallied to another 19-year high early Friday, then stumbled to end unchanged despite enthusiasm about a proposed silver-backed financial product aimed at making it easy to invest in the metal. Pre-weekend profit taking ended a four-day winning streak at the COMEX division of the New York Mercantile Exchange. Silver led New York precious metals higher this week after taking the baton from gold which hit 26-year highs last week. But by Friday the ...

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