Precious Metals: Gold / Silver Prices Up On Weak Dollar

December 9, 2008 by silvereagleamerican · Leave a Comment
Filed under: Silver Bullion News 

GOLD / SILVER PRICES UP ON WEAK DOLLAR

U.S. dollar sell-offs kicked off a rise in silver and gold futures on Monday with February gold rising $17.10 to close at $769.30 an ounce on the NY Mercantile Exchange, with March silver rising 54.5 cents to $9.975.

With equity markets rebounding as of late, analysts say this increased confidence has prompted investors into moving more freely into the precious metals market.

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