(Kitco News) – Gold and silver prices are sharply higher and hit all-time highs in midday U.S. trading Monday. December Gold futures hit an intra-day record high of $4,124.30 an ounce as of this writing. December silver futures hit an intra-day record peak of $50.56 an ounce. Safe-haven demand, as the U.S. government remains shut down and amid a major short squeeze in silver, is driving the prices of both metals skyward. And the would-be bears are too scared to step in front of a freight train.
