Silver and Gold Prices Rally; Stocks Hold Near Records

The year’s run-up in precious metals broke new ground on Friday, while U.S. stocks held close to all-time highs. Most-active silver futures were up 4.5% at around $75 a troy ounce, after earlier hitting a new intraday record. A runaway rally in silver, which has more than doubled in price this year, has swept up amateur investors. Equivalent contracts for gold futures also hit records, rising as high as $4,562 a troy ounce. Most Read from The Wall Street Journal Escalating geopolitical tensions likely ...