UPDATE 5-Silver storms above $11/oz, gold price rebounds

Newswire

(Updates prices throughout, adds quotes, changes dateline; previous LONDON) By Zach Howard NEW YORK, March 29 (Reuters) - The price of silver shot to a 22-year high above $11 per ounce on Wednesday, as funds continued a recent buying spree on excitement over a proposed U.S. silver-backed security, trading sources said. Gold raced to a seven-week peak on spillover interest from silver and other supportive factors, with the price holding just shy of last month's 25 year peak near $575 an ...

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