Gold & Silver move upwards

Today, the £1150/oz (£37/g)price for gold and £13/0z (42p/g) price for silver were breached for the first times this year. Silver has finally started to follow gold in its upwards trend with a 9% increase in the past month. Gold is now at a 6-year peak and silver at an 18-month high.

As gold has continued its steady upward trend, investors are now seeing silver as the bargain alternative for safe haven buying.