Bullion metals rise for second straight day

Prices register modest gains for the month

Gold prices rose for second straight day and jumped to the highest price in a week on Friday, 26 February 2010. Prices rose as the U.S. dollar fell.

On Friday, gold futures for April delivery added $10.40, or 0.8%, to $1,118.90 an ounce, the highest since a week ago. It briefly rose as high as $1,119.50, back near the highest in a month. For the week, prices fell by 0.2%. For the month of February, prices rose by 2.3%.

On Friday, silver futures for March delivery rose 39 cents to $16.50 an ounce.