Silver ends at two-year high; gold closes lower

6 September 2010  MarketWatch

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Silver on Friday settled at its highest price since March 2008, and gold futures came off their two-month high, posting losses as a drop in U.S. payrolls didn't turn out as steep as forecast and thus reduced demand for the precious metal as an investment safe haven.

Silver overcame a weak start of the session to close in on $20 an ounce. Silver drew strength from both from the mild safe-haven buying present on Friday and from its industrial appeal.

http://www.marketwatch.com/story/gold-futures-down-nearly-1-after-us-jobs-data-2010-09-03?dist=beforebell