Silver Investing News » Silver, gold gain as energy costs boost inflation hedge demand

Silver, gold gain as energy costs boost inflation hedge demand

July 21, 2008 @ 9:55 am In Silver Market News

Bloomberg reports silver also gained as oil prises boosted precious metals.

Silver futures for September delivery climbed 21.5 cents, or 1.2 percent, to $18.415 an ounce on Comex. Before today, silver gained 22 percent this year, while gold climbed 14 percent.

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[1] link: http://www.bloomberg.com/apps/news?pid=20601012&sid=a_t5WFn4Vpew&refer=commodities

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