Silver futures logged their largest weekly climb since 2013 Friday, hitting a nearly 22-month high as the U.S. dollar softened and investors continued to search for safety.Precious metals have benefited from worries sparked by the U.K.’s decision to exit the European Union, dubbed Brexit. But precious metals have also seen somewhat of a pull back as appetite for risk lured buyers back into stocks over the past few sessions.
September silver SIU6, +6.62% jumped 96.5 cents, or 5.2%, to settle at $19.588 an ounce. Prices haven’t settled at a level this high since mid-August 2014. Futures prices saw a 10.1% weekly gain—the largest since August 2013, according to FactSet.
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