Gold flirts with $1000, silver at 13-month high on investment resurgence
London, 04 September 2009 - Gold stole the headlines yesterday as resurgent investment demand pushed the metal to it highs since February, skirting within $2.50 for the psychological $1000/oz level. However the yellow metal was outperformed by the majority of industrial metals as silver gained 5.2% - reaching a 13-month high - while lead surged over 8% as supply jitters continued following a report Chinese officials were widening their clampdown on smelting activities. Despite the strength in
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