UPDATE 5-Fund buyers lift silver to new 22-year peak

Newswire

(Updates prices to midafternoon in New York) By Atul Prakash LONDON, March 27 (Reuters) - Silver raced to a new 22-year peak on Monday on speculative buying linked to persistent hopes that a proposed exchange-traded fund (ETF) will prompt significant demand for the precious metal, traders said. Investment-fund buyers again fueled gains, not only in silver but in a broad range of commodities. Palladium surged to a 3-1/2 year peak and gold rose to three-week highs. "It's all the ...

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