Gold climbed for a fifth week and silver surged to the highest price since September 2014 as investors speculated that central banks will need to continue supporting the global economy in the wake of Britain’s vote to quit the European Union. Gold added 0.8% to $1 332.62/oz at 3:20 pm in Singapore, according to Bloomberg generic pricing, as the metal in the UK currency rallied back above £1 000/oz. Silver jumped as much as 3.6% to $19.396/oz and traded at $19.2405. Prices have soared 8.4% this week, the most in nearly three years.
