Monday, November 1, 2010

Silver, Palladium Hit New HIGHS - US$ FALLS


SINGAPORE, Nov 1 (Reuters) - Spot silver rose to a fresh 30-year high of $24.96 an ounce on Monday, palladium reached $651.25, its highest since May 2001 and gold rallied, supported by a softening in the dollar against a currency basket.

Spot gold rose 0.6 percent to a two-week high of $1,365.50,while the dollar dropped 0.4 percent against a trade-weighted currnecy index .DXY.

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