UPDATE 2-NY gold, silver end at 4-month high, eyeing oil

Newswire

NEW YORK, Aug 20 (Reuters) - Gold futures soared to a four-month peak on Friday as record high crude oil prices and inflation fears drew investors to the precious metal considered a safe-haven asset, dealers said. Silver touched a four-month high in gold's wake before backpedaling at the close, while platinum drifted lower. December gold settled up $6.20 at $415.50 an ounce on the New York Mercantile Exchange's COMEX division, after trading from $407.50 to $416.80, its highest since ...

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