Gold, Silver Jump Higher On Weak Dollar

May 29, 2009 8:57 AM EDT

Gold is moving higher again in early trade on a weaker dollar. Gold Spot is up $15, or 1.60%, to $974.36. ETF SPDR Gold Shares (NYSE: GLD) is up 1.6%.

Silver is also seeing gains this AM and is on its way to its biggest monthly gain in 22 years. ETF iShares Silver Trust (NYSE: SLV) is up 1.9% to $15.21.

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