Precious metals reach new highs

RECORDS were beaten and broken as precious metals stood proudly on the podium, with gold and silver hitting 25-year and 22-year highs, respectively, while platinum peaked at its highest-level ever at $US1090 ($A1522) per ounce.

Precious metals reach new highs Precious metals reach new highs Precious metals reach new highs Precious metals reach new highs Precious metals reach new highs

The yellow metal surged overnight to $586.70/oz, its highest since January 1981, eclipsing this year’s previous best of $574.60/oz in February.

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