Precious metals end 2003 close to multiyear highs


By Zach Howard NEW YORK, Dec 31 (Reuters) - Precious metals traded in New York capped a year of powerful gains on Wednesday and analysts said a weak U.S. dollar is likely to keep the rallies going in 2004. Gold prices showed an almost 20-percent rise on the year, while platinum jumped 36 percent and silver finished at 5-1/2-year highs amid a steady weakening of the dollar. A lower greenback made dollar-priced assets like gold cheaper, while ongoing geopolitical uncertainty and stock ...

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