Gold reached an intra-day high of $1,432.50 an ounce, an all-time record, before profit takers moved in. Silver futures hit $30.75 - the highest level since March 1980 - before easing in afternoon trade.
In an interview on Sunday night on US television, Ben Bernanke, the Federal Reserve chairman, hinted that the central bank may launch further asset purchases to prop up the ailing US economy, although he also said that "it doesn't seem likely" that the economy would fall back into recession.
Copper prices also rose to a record in London on Tuesday, with futures for three-month delivery rising to $9,044 a tonne in intraday trade, beating the previous high of $8,966 set on November 11. Fears are mounting of a future copper squeeze as demand is soon expected to exceed supply.
http://www.telegraph.co.uk/finance/newsbysector/industry/mining/8187488/Gold-silver-and-copper-hit-record-highs-on-fears-of-weakening-dollar.html
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