Silver prices slip as investors exit commodities

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Silver prices slipped Friday as investors moved out of commodities due to a strengthening dollar. September silver futures fell 25 cents, or 2 percent, to settle at $13.477 an ounce. The dollar gained ground against the euro Friday after Federal Reserve Chairman Ben Bernanke said in a speech that he would “act as necessary” to control inflation. When the dollar is weak, investors often look to commodities as a hedge against inflation.

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