NY silver touches 22-year high, trade eyes $10/oz

Newswire

NEW YORK, Jan 30 (Reuters) - New York precious metals ended higher on speculator and fund buying on Monday, with silver shooting to a 22-year peak on excitement over a proposed U.S. silver-backed investment while gold also extended its rally. Dealers said positive technical factors and an absence of liquidation by the heavily long speculators also helped boost metals prices, despite a rising U.S. dollar in the session. Platinum stayed well-bid and shot to another 26-year high. March ...

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