Commodity ETFs (SLV), (SIL), (GLD), (GDX) Jump On Safety Concerns

Shares of iShares Silver Trust (NYSEArca:SLV), Global X Silver Miners (NYSEArca:SIL), SPDR Gold Shares (NYSEArca:GLD) and Market Vectors Gold Miners (NYSEArca:GDX) are all up Friday, as investors flee to safety and stability in light of the poor jobs report and ongoing Middle East crisis.

Silver prices were soaring again today, reaching as high as $53.30 an ounce, the highest level in over 30 years.

The Dow Jones Industrial Average plummeted over 150 points in mid-day trading, also affected to the potential negative impact of rising oil prices.

iShares Silver Trust was trading at $34.50, gaining $1.08, or 3.25 percent, as of 2:27 PM EST. Global X Silver Miners rose to $28.09, up $0.57, or 2.07 percent. Market Vectors Gold Miners was trading at $60.24, up $0.37, or 0.62 percent. SPDR Gold Shares rose to $139.22, up $1.13, or 0.82 percent.