Gold edges up, silver rises; China data seen to support

11 May 2011  Reuters

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Gold firmed a touch and silver rose more than 2 percent on Wednesday, as concerns about China's high inflation and waning economic growth are seen buoying interest in precious metals.

China's inflation in April was stronger than expected, at 5.3 percent on the year, while industrial output was considerably weaker than forecast.

http://www.reuters.com/article/2011/05/11/us-markets-precious-idUSTRE73786N20110511