(Kitco News) – Gold and silver prices have extended early gains and hit new daily highs during the late-morning action. Demand for a safe harbor and technically related purchases is pushing metal prices up north, with silver delivering very strong gains. With geopolitical issues still close to the market burner and with the significantly improved chart positions for both metals early this week, look for more price understanding in the near term.
Futures for gold in December were last up $ 15.40 at $ 1,530.60 and December silver was last up $ 0.816 to $ 18.66 ounces.
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