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Monday, March 01, 2010
Bullion metals rise for second straight day
Prices register modest gains for the month
Gold prices rose for second straight day and jumped to the highest price in a week on Friday, 26 February 2010. Prices rose as the U.S. dollar fell.
On Friday, gold futures for April delivery added $10.40, or 0.8%, to $1,118.90 an ounce, the highest since a week ago. It briefly rose as high as $1,119.50, back near the highest in a month. For the week, prices fell by 0.2%. For the month of February, prices rose by 2.3%.
On Friday, silver futures for March delivery rose 39 cents to $16.50 an ounce.