Monday, 25 April 2011
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Silver surges 5 percent on dollar, gold at record
SINGAPORE (Reuters) � Spot silver surged more than 5 percent to above $49 ounce on Monday, buoyed by a weak dollar and strong physical demand in Asia that also propelled gold to a record high for a seventh consecutive session. Spot silver hit a 31-year high of $49.31 an ounce, before easing to $49.16 by 0854 GMT. The level was 17 cents off a 1980 record high, according to Reuters data. It was
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