Silver in NY jumps to 22-year high, gold ends off

Newswire

NEW YORK, March 23 (Reuters) - U.S. silver futures raced to a 22-year high Thursday, driven by a late round of investment buying and traders' hopes that the first silver-backed security has moved nearer to U.S. regulatory approval, dealers said. Gold sank for a third day to reach a nine-day low, pressured by selling of gold to buy silver and also technical and currency-related sales due to a firmer dollar. Platinum and palladium ended mixed. COMEX May silver on the New York Mercantile ...

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