Forex | Forex | Gold and silver surge as safe-haven demand returns (03/09/2009 07:55:26)

Gold and silver surge as safe-haven demand returns

London, 03 September 2009 - Gold rallied to its best in almost 3-months Wednesday, testing briefly above $980/oz as concerns about the US financial sector and of possible regulatory restrictions in energy trading triggered a surge of safe-haven demand. Silver was also upbeat, rising 2.25% while platinum and palladium reversed earlier weakness to close unchanged. The rest of the commodity sector was less buoyant with the CRB Index rising just 0.25% while NYMEX crude was unchanged closing at


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