(Kitco News) – Gold and silver prices are sharply higher in early U.S. trading Monday, with gold hitting another record high and silver very near its record high set in 1980. Safe-haven demand as the U.S. government remains shut down and a short squeeze in silver are keeping bulls confident and bears unwilling to step in front of a steaming locomotive. The recent bigger daily price moves in gold and silver markets suggest volatility will remain high in the near term. December gold was last up $95.20 at $4,095.80. December silver prices were up $2.398 at $49.63.
