Silver and gold are lower today after the record nominal highs seen yesterday - gold marginally and silver significantly. Gold reached $1,518.30 per troy ounce, a nominal record, while silver climbed to $49.79 per ounce.
Gold prices advanced to a new record settle of $1,431.20 an ounce and silver reached new a 31-year high of $34.42 an ounce while oil surged to near $100 a barrel on Tuesday as unrest in Libya spurred safe haven and inflation fears.
Gold and silver are higher after last week's 1% and 3.5% gains in dollars. Silver is particularly strong again this morning and the euro has come under pressure as bonds in Ireland, Spain, Portugal and Greece continue to rise.