Silver Tops $42, Extends Rally to Highest Since 1980, on Inflation Concern

Silver futures topped $42 an ounce, extending a rally to the highest since 1980, on mounting demand for the precious metal as a hedge against inflation. U.S. wholesale costs increased 0.7 percent in March, led by surging energy, the government said. Compared with a year earlier, prices climbed 5.8 percent. Silver reached $42.21, the highest in 31 years, and has climbed 36 percent this year, the

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