Gold Rises 0.7%, Silver Prices Rally 5.4%

Fine Gold BarsGold advanced Thursday for a second straight day while silver prices soared to above $32 an ounce as U.S. stocks and commodities rallied.

Gold prices rose $11.60, or 0.7 percent, to close at $1,653.20 an ounce in the December futures contract on the Comex in New York. Gold moved from an intraday low of $1,633.20 to a high of $1,656.80. [...]
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