Economics

Silver Posts Longest Rally in 45 Years on Rising Haven Demand

Lock
This article is for subscribers only.

Silver posted the longest rally in at least 45 years on demand for an investment alternative amid concerns that the global economy will falter.

Today, reports showed U.S. homebuilder and New York manufacturing trailed estimates by analysts. The Bank of Japan boosted lending programs while sticking with a plan for unprecedented asset purchases to support a recovery. Commodities climbed to the highest in almost five months.