Gold Touches $941, Silver Tops $13

It was a banner day Wednesday for precious metals, oil and U.S. stocks. Gold briefly climbed above $941 and silver topped $13. In the end, the yellow metal retreated from its intraday high but still closed to its best level in nearly two weeks. Platinum advanced as well while crude-oil broke a three-day losing streak on news of increased demand from refiners. U.S. stocks rallied with all three major indexes rising at least 3 percent.

In New York trading futures for bullion:

• Silver for September delivery jumped 35.3 cents, or 2.7 percent, to 13.208 an ounce.

• Gold for August delivery rose $16.60, or 1.8 percent, to $939.40 an ounce.

• October platinum gained by $22.80, or 2.0 percent, to $1,157.90 an ounce.

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