Gold, silver hit 4-week highs on improved charts, inflation worries

Gold, silver hit 4-week highs on improved charts, inflation worries

AM-PM Roundup Gold, silver hit 4-week highs on improved charts, inflation worries Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices are higher in midday U.S. trading Thursday and hit four-week highs. The metals are being propelled up by improving near-term chart postures and lingering concerns about rising and even problematic price inflation. December gold futures were last up $4.30 at $1,798.80. December Comex silver was last up $0.34 at $23.51 an ounce. The U.S. data point of the day Thursday saw the producer price index report for September come in at up 0.5% from August, compared to expectation of …
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