10/1, 4:44 PM (Source: TeleTrader)
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Precious metals rise, silver gains 1%

Prices of precious metals advanced on Friday, with silver jumping over 1% as the investors turned to safe-haven assets amid a drop on Wall Street which came despite upbeat data regarding the United States manufacturing activity and the country's consumer sentiment reading for September.

Gold gained 0.21% to $1,761.22 per ounce at 10:42 am ET. Silver surged 1.39% to $22.48 a minute later, while platinum climbed 0.92% to $975.87 an ounce. Palladium was flat at 10:44 am ET, going for $1,902.19.

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