By David Fickling
Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–Precious metals took flight again in Asian trade Thursday, as investors interpreted U.S. Federal Reserve chairman Ben Bernanke’s first-ever news conference as indicating further weakness in the dollar and the prospect of higher-than-usual inflation.
Spot gold hit new records during Bernanke’s press conference and notched fresh highs during Asian trade, peaking at $1,533.40/oz.
Silver contracts traded on the Comex futures market saw immense turnover and moved up to challenge levels reached during the commodity’s most recent price spike on Monday…