Gold prices gain; silver skyrocketing

Kitco News:

“Gold prices are modestly higher in early U.S. trading Wednesday, while the silver market is again sharply higher and hit a more-than-two-year high overnight. Worries about slowing global economic growth amid falling government bond yields are encouraging traders and investors to seek out safe-haven precious metals. December gold futures were last up $2.10 an ounce at 1,553.80. December Comex silver prices were last up $0.252 at $18.555 an ounce.

Asian and European stock markets were mixed to weaker overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins.”

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