9/3, 4:34 PM (Source: TeleTrader)
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Precious metals extend gains, silver jumps 3%

Precious metals accelerated gains on Friday, with silver rising more than 3%, reaching levels last recorded on August 6.

The investors seemingly turned to safe-haven assets after a worse-than-expected report on nonfarm employment in the United States.

Gold gained 0.95% to go for $1,827.07 per ounce at 10:32 am ET, while silver soared 3.13% to sell for $24.66 per ounce a minute later. Platinum jumped 2.18% to change hands for $1,025.57 per ounce at 10:33 am ET, while palladium turned to gains and increased by 0.84% to $2,431.45 per ounce at 10:34 am ET.

Breaking the News / BU