Gold Futures Surge to $1,750, Silver Near 3-Month High

Gold and silver surged higher on Tuesday as the U.S. dollar tumbled after Fed
Chairman Ben Bernanke reaffirmed his commitment to easy monetary policies in
testimony to the U.S. Senate. COMEX gold futures, per the April contract, slid
to as low as $1,712.60 per ounce this morning, but reversed course as the dollar
headed lower against a basket of foreign currencies.