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Precious Metals Drop in New York as Investors Sell to Cover Stock Losses on Europe
Sep. 12, 2011 02:39PM PST
Palladium InvestingBloomberg 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.
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| Commodities | |||
|---|---|---|---|
| Gold | 2333.39 | +0.33 | |
| Silver | 27.07 | -0.01 | |
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