As gold prices hit a one-month high on Monday, silver prices also reaped the benefits. May Comex silver settled the day at $18.108 an ounce, up 2%. Phil Streible, senior market strategist for RJO Futures, said that while gold is looking strong and could reach $1,300 an ounce, it is silver that is looking 'fantastic.' He told Kitco News that he would not be surprised for the metal to hit $20 an ounce.
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