Silver
Silver marks biggest monthly gain in 22 years
2:06 pm ET 05/29/2009 - MarketWatch Pulse News Bullet
NEW YORK (MarketWatch) -- Silver futures gained 3% Friday, ending the month with their biggest monthly gain in 22 years as inflation worries and hopes for an economic recovery boosted the metal. Gold rose to three-month highs as the dollar slipped. Silver for July delivery, the most active contract, gained 45 cents to end at $15.61 an ounce on the Comex division of the New York Mercantile Exchange. The front-month June contract closed at $15.60 an ounce. Meanwhile, gold for June delivery rose $17.30, or 1.8%, to close at $978.80 an ounce, the highest settlement since Feb. 23. Silver has gained 26.6% this month, the biggest since April 1987. Gold has gained 9.8% in the month, the biggest monthly gain since November
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