Gold hits 3-week high, silver up but volume thin

Precious Metals

Reuters reports that Gold climbed to its highest in three weeks and silver rose toward a 30-year high on Wednesday.

Reuters reports that Gold climbed to its highest in three weeks and silver rose toward a 30-year high on Wednesday.

The market news is quoted as saying:

Gold buying accelerated as the dollar hit a seven-week low against the yen and fell versus the euro. U.S. bond yields tumbled following a solid debt auction, diminishing the appeal of the greenback.

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