Precious metals in NY spike to new multiyear highs

Newswire

By Zach Howard NEW YORK, March 30 (Reuters) - Precious metals rocketed to fresh multiyear peaks on Thursday morning in New York, powered by fund buying across a range of commodities that was driven by positive market outlooks and thoughts of even higher prices. Platinum scaled an all-time peak above $1,100 an ounce, while gold and silver futures shot to 25- and 22-year highs, respectively. Palladium scored its highest level in nearly four years. "It seems that general commodity highs ...

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