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    Precious Metals Drop in New York as Investors Sell to Cover Stock Losses on Europe

    Investing News Network
    Sep. 12, 2011 02:39PM PST
    Precious Metals Investing

    Bloomberg reported precious metals dropped on a stronger US dollar as stocks fell across Europe on concerns the economy is worsening.

    Bloomberg reported precious metals dropped on a stronger US dollar as stocks fell across Europe on concerns the economy is worsening.

    The market news is quoted as saying,

    Palladium futures for December delivery lost $27.25, or 3.7 percent, to $711.35 an ounce.

    For the complete market news, click here.

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