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    market news

    Metals Fall as Economic Outlook Dims

    Investing News Network
    Aug. 05, 2011 06:56PM PST
    Precious Metals Investing

    CNBC reports that metals fell today as investors grew weary that economic recovery is slowing.

    CNBC reports that metals fell today as investors grew weary that economic recovery is slowing.

    The market news is quoted as saying,

    Other metals also fell, including palladium and platinum. Gold edged lower after reaching new highs this week as stocks plummeted in the U.S. The stock drop had led investors to pour money into gold and other assets like bonds that are believed to have a better chance of holding their value.

    For the complete market news, click here.

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