Silver Prices Surge 6.1% in NY and 5.0% in London, 2009 Highs Hit

Silver prices soared this week as the metal followed the path of rising gold. 2009 highs were reached on Wednesday, before easing back yet still earning respective weekly increase in New York and London of 6.1 percent and 5.0 percent.

New York silver futures for December delivery ended at $18.44 an ounce on Friday to register a $1.06 weekly increase. Prices reached an intraday peak of $18.855 on Wednesday, which was the highest level since July 2008.

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Post tags: London Silver, New York Silver