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Summary A weak dollar and strong demand in Asia picked up the gold and silver prices to a record high.
Gold hit a record high of $1,517.71 an ounce, before easing to $1,515.65, up 0.8 percent. US gold also rose to an all-time high, at $1,518.6.According to experts, the escalated violence in Syria and Yemen over the weekend also helped lift gold, seen as a safe haven during time of turmoil.Silver jumped 8.2 percent to $49.82 an ounce in unusually large trading volume. Silver prices have climbed nearly 60 percent so far this year, after jumping more than 80 percent in 2010.
