NY silver rockets to fresh 3-mo. peak, gold climbs

Newswire

NEW YORK, Aug 31 (Reuters) - Silver futures in New York powered to a three-month high on Thursday on investment buying, closing above $13 an ounce, while gold jumped to a one-week peak amid geopolitical tensions though it lacked follow-through, dealers and analysts said. A burst of speculative buying, an upbeat technical picture in silver vis-a-vis gold and growth in a new U.S. silver-backed security helped drive prices up 2.8 percent by the close. Benchmark December delivery silver ...

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