Metals and most energy prices fell Thursday as concerns deepened about Europe's efforts to deal with its crippling debt crisis. Gold, palladium and oil each fell about 2% while silver finished down 3.3%. Natural gas, corn and soybeans rose.
European Central Bank President Mario Draghi said there was no existing plan for large-scale government bond purchases, which was something many investors had expected. The central bank did cut its benchmark interest rate to 1% and took other steps to help Europe's economy...............................................Full Article: Source |