Global Silver Futures hit record high

Commodityonline.com reports that the March Comex silver futures contract this week hit a fresh three-week high of $28.88 an ounce.

The market news is quoted as saying:

The silver bulls have gained good upside near-term technical momentum recently and prices are now within striking distance of strong technical resistance at the November high of $29.405, which is also a 30-year high.

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