« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Silver Futures Keep Sliding

By: Decomposed in ROUND | Recommend this post (0)
Thu, 12 May 11 7:39 PM | 95 view(s)
Boardmark this board | De's Test Board
Msg. 32915 of 45510
Jump:
Jump to board:
Jump to msg. #

May 12, 2011, 11:28 a.m. EDT

Silver slides almost 6%; gold also falls
U.S. dollar rises against other major currencies

By Claudia Assis and Polya Lesova, MarketWatch

SAN FRANCISCO (MarketWatch) — Gold and other metals futures fell Thursday, with the price of silver tumbling more than 5%, as the U.S. dollar strengthened against other major currencies and other commodities also traded lower.

Silver for July delivery slumped $1.94, or 5.4%, to $33.92 an ounce on the Comex division of the New York Mercantile Exchange. The metal tumbled 7.7% in the previous session.

Gold for June delivery slipped $4.70, or 0.3%, to $1,497 an ounce, after losing 1% Wednesday.


Article continues: http://www.marketwatch.com/story/gold-futures-edge-higher-but-silver-slips-2011-05-12




Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




» You can also:
« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next