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EU says yes to gold bullion collateral

Posted on 27 May 2011

Precious metal prices moved higher yesterday, with Comex gold for delivery in May moving up by 0.2%, or $3.40, to $1,526.60 per troy ounce. Silver was an even stronger performer, with the May Comex silver contract moving 4.2% higher to settle at $37.640 – a $1.519 gain.
The commodity sector was helped by a lackluster showing from the US dollar, which seems to have stalled following its gains in recent weeks……………………………………….Full Article: Source


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