Gold Hits Record High, Silver Soars, Stocks End Mixed

New York gold futures surged to a new all-time high Tuesday as news hit the streets that the IMF sold 200 metric tons of gold to the Reserve Bank of India. Platinum rose as well, while silver soared to reach back above $17 an ounce. In other markets, crude oil ended higher and US stocks closed mixed.

New York precious metal figures follow:

• Silver for December delivery surged 74 cents, or 4.5 percent, to $17.180 an ounce. It ranged from $16.245 to $17.35.

• Gold for December delivery jumped $30.90, or 2.9 percent, to $1,084.90 an ounce. The yellow metal ranged from $1,055.50 to $1,088.50.

• January platinum rose $18.10, or 1.4 percent, to $1,356.20 an ounce.

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