Silver futures returned to a nearly two-year settlement high on Wednesday, as the U.S. stock market paused their recent rally, providing a lift to gold prices, which marked their first climb in five sessions.
The recent rally in U.S. equities SPX, +0.01% DJIA, +0.13% had tarnished the appeal of precious metals, often used as a hedge against higher-risk investments.
September silver SIU6, -0.73% which has been the highflier relative to gold in recent weeks, added 24.2 cents, or 1.2%, to settle at $20.413 an ounce. Silver, which has been getting an additional boost from its use as an industrial commodity, saw its highest settlement since late July 2014, according to FactSet.

Meanwhile, August gold GCQ6, -1.18% gained $8.30, or 0.6%, to finish at $1,343.60 an ounce following a four-session decline.
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The recent rally in U.S. equities SPX, +0.01% DJIA, +0.13% had tarnished the appeal of precious metals, often used as a hedge against higher-risk investments.
September silver SIU6, -0.73% which has been the highflier relative to gold in recent weeks, added 24.2 cents, or 1.2%, to settle at $20.413 an ounce. Silver, which has been getting an additional boost from its use as an industrial commodity, saw its highest settlement since late July 2014, according to FactSet.

Meanwhile, August gold GCQ6, -1.18% gained $8.30, or 0.6%, to finish at $1,343.60 an ounce following a four-session decline.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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