Silver sets new highs before the weekend

Silver prices kept rising on Friday to a new two-year high on heated demand on the safe haven and as commodities gained ground at large in the markets. 

Silver last traded at $19.45 an ounce, compared to the opening price of $18.75, with an intraday high at $19.52, and a low at $18.68. 

Silver's current gains come amid rising demand on the safe haven, especially as gold prices surged to similar two-year highs, helping underpin the white metal. 

The dollar fell to the lowest this week against a basket of rivals, which buoyed commodities at large, with silver on top of them.

The dollar index, measuring the greenback's performance against a basket of six major currencies, last traded at 95.66, compared to the opening of 95.88, with a session-low at 95.40, and a high at 96.08, after the index hit a three-month high this week at 96.70.