Gold hits record; silver just short of $40

Precious Metals

MarketWatch reports that gold and silver futures made history Wednesday, landing top marks as investors flocked to the safe haven of precious metals, with a weaker dollar speeding up the run.

MarketWatch reports that gold and silver futures made history Wednesday, landing top marks as investors flocked to the safe haven of precious metals, with a weaker dollar speeding up the run.

The market news is quoted as saying,

Palladium and platinum diverged, however. June palladium (PAM11 783.60, -1.00, -0.13%) declined $8.50, or 1.1%, to settle at $784.60 an ounce. July platinum (PLN11 1,790, -8.10, -0.45%) added $1, or 0.1%, to $1,797.80 an ounce.

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