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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Silver slump pressures commodity prices

Posted on 04 May 2011

Sharp declines in silver, alongside a stronger dollar, weighed on precious metals markets Tuesday, snapping gold’s four-day winning streak as investor sentiment soured. Silver for May delivery settled down $3.502, or 7.6%, or $42.576 per troy ounce.

The most actively-traded silver contract, for July delivery, settled $3.499 lower, or down 7.6%, at $42.585 per troy ounce……………………………………….Full Article: Source


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