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    market news

    Commodities Fall broadly on Concerns About Economy

    Investing News Network
    Jun. 24, 2011 07:52AM PST
    Precious Metals

    CNBC reports that all commodities were down as the global economy slowed and 28 countries made the decision to release reserves of oil.

    CNBC reports that all commodities were down as the global economy slowed and 28 countries made the decision to release reserves of oil.

    The market news is quoted as saying,

    August gold fell $32.90 to settle at $1,520.50 an ounce and September palladium dropped $27.30, or 3.5 percent, to $743.35 an ounce.

    For the complete market news, click here.

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