03.05.2011 - Bin Laden death saps safe-haven appeal from precious metals
Gold fell from a record high Monday and silver notched its biggest one-day loss in seven weeks after the killing of Osama bin Laden sapped the safe-haven premium out of precious metals. Silver bounced off early lows after falling as much as 11 per cent, as speculators scaled back their bullish bets on increased futures margins and a technical overhang after a 170 per cent rally over the last 12 months to a record high last week..............................................Full Article: Source
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