The precious metals complex continued to draw fund buying on Monday, as gold,
silver and palladium all posted gains.
February gold settled up $5.60 to $512.60 an ounce on the COMEX.
"It seems that lease rates for gold are pretty cheap," said George Gero, vice
president with RBC Capital Markets Global Futures.
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Gold Jumped $5.60 On The Lack
The precious metals complex continued to draw fund buying on Monday, underpinned by an apparent lack of producer selling