Platinum Group Metals Dip on European Debt Crisis Worries

Precious Metals

Bloomberg reports that platinum group metals dipped today as concerns over the European debt crisis grow.

Bloomberg reports that platinum group metals dipped today as concerns over the European debt crisis grow.

The market news is quoted as saying,

Silver futures for September delivery dropped 46.8 cents, or 1.3 percent, to $35.23 an ounce on the Comex. Palladium futures for September delivery slipped $7.50, or 1 percent, to $759.95 an ounce on the New York Mercantile Exchange. Platinum futures for October delivery fell $1.30 to $1,727 an ounce.

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