Gold and silver are spiking to their best levels in more than a year
Precious metals extended their rally on Friday, with gold and silver rising to 15-month highs.
Gold futures climbed 1%, or $13.65 an ounce, to as high as $1,280.20, a level not hit since January 2015.
Silver futures rose 1.3%, or $0.22 an ounce, to about $17.910.
Meanwhile, the dollar is under pressure, helping to raise demand for precious metals. The index that gauges the so-called greenback against a basket of other major currencies fell 0.5% to 93.18, the weakest in at least one year.
The dollar fell sharply against the yen on Thursday after the Bank of Japan unexpectedly did not announce more stimulus plans to support the economy. The yen is having its strongest week since 2008.
Here's gold:
And silver:
- Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
- Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- The Future of Gaming Technology
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital