Arya News - Exchange prices for silver and gold are rising some 4-6% on Thursday morning, having earlier hit new all-time highs during trading, above $120 and $5,600 per troy ounce respectively, trading data showed.
As of 06:24 GMT, the March silver futures contract on the New York Comex exchange was up 6% to $120.28 per ounce. Earlier on Thursday, the prices renewed their record, rising to $120.518 per ounce. Meanwhile, as of 06:41 GMT, the price of the April gold futures contract on the New York Comex exchange was up by $279.31 from the previous close, to $5,584.56 per troy ounce. Earlier in the session, prices reached a historic high of $5,625.89 per ounce. Analysts forecast gold"s continued attractiveness for investors.