7
December
Gold holds near record, silver matches 30-year peak
7 December 2010 Reuters
Gold hit record highs for a second successive day on Tuesday, driven by fund buying ahead of the end of the year, the prospect of more U.S. monetary easing and investor nervousness over the European debt crisis.
Silver hit a 30-year high for the seventh consecutive day, driven by a weakening dollar and a push into commodities by the investment community ahead of the end of the year. Gold in euros also hovered near record highs as tension on the bond markets ran high.
