(Kitco News) - Gold prices are modestly up in early U.S. trading but hit a record high of $2,135.80, basis nearby Comex futures, in overnight trading. Silver prices are higher and scored a two-month high overnight. Precious metals traders early this week are focusing on the prospects of easier monetary policies this year from the major central banks of the world. That would extrapolate into better consumer and commercial demand for metals and also theoretically pressure the U.S. dollar index and lower U.S. Treasury yields. April gold was last up $6.30 at $2,132.60. May silver was last up $0.169 at $24.16
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