Spot Gold Hits a New Record High; Gold and Silver Stocks Jump

Tiger Newspress10-22

Spot Gold hit a new record high of $2,740.57/ounce, as concerns over rising geopolitical tensions, U.S. election uncertainties and prospects of central banks lowering interest rates boosted demand.

Gold and Silver stocks jumped in morning trading. Endeavour Silver rose 6%; Hecla Mining, Coeur Mining, First Majestic Silve, Fortuna Silver Mines, and Pan American Silver rose 3%;

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