UPDATE 4-Precious metals spike higher, funds on buy mission

Newswire

(Updates with closing New York prices) By Martin Hayes LONDON, April 25 (Reuters) - Precious metals rose strongly on Tuesday in volatile bullion markets, as renewed investment fund appetite for commodities spread throughout the sector, traders and analysts said. Although leading precious metals gold and silver were still adrift of recent generational peaks, analysts see these levels being surpassed, given the remorseless fund buying taking place. "It is the funds -- pure and simple ...

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