Gold And Silver Are Surging

Gold and silver prices are way up today.

Spot gold was up more than 1 percent to $1,588/oz, while silver was up as much as 2.9 percent to $27.96/oz.

Here's gold...

And here's silver:

Reuters' Jan Harvey reports gold demand from Hong Kong has recently increased.

Hong Kong's net gold flow to mainland China rebounded last month from three-month lows in January, reflecting increased demand ahead of the Lunar New Year holiday and as buyers took advantage of weaker prices, data showed on Tuesday.

Gold has fallen as low as $1,545 in recent weeks.