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Silver and gold surge as investors seek safe haven www.bbc.com
Silver, long considered the poorer cousin of gold, is trading at its highest price in more than two years as investors put their money into precious metals, perceived as lower risk assets.
Spot silver rose by as much as 7% in US trading to above $21 an ounce. It has risen 11.5% in the past three days.
Gold added more than 1% to settle at $1,350.79, a two-year high.
The gains come amid speculation central banks will increase their stimulus measures following the Brexit vote.
Meanwhile, Asian stock markets mostly fell on Tuesday, following five consecutive days of gains, after oil prices fell below $49 per barrel.
Both Japan's benchmark Nikkei 225 and the broader Topix shed about 1%.
South Korea's Kospi is 0.3% lower.
Australian stocks fell 0.6%, led by commodity stocks.
Published Date:2016-07-05
