Sunday 3 July 2016

Gold Inches Up, Silver Passes $20 Threshold At Near 2-Year Highs



Gold prices edged higher early on Monday to extend 1.5-percent gains from the previous session, while silver breached the $20-dollar level for the first time in nearly two years as Asian stocks fell.
Spot gold was up 0.2 percent at $1,344.09 an ounce by 0115 GMT. It rose 1.5 percent on Friday, after ending June up about 9 percent.
Silver breached the $20 an ounce level early Monday, hitting a session-high of $20.378, its strongest since August 2014. The white metal gained 11.6 percent last week to mark its best weekly gain since August 2013.

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