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Precious Metals Edge Lower as Investors Await US Fed Decision on Stimulus

Written by Investing News Network
|
Aug. 31, 2011 11:37AM PST

Mineweb reports precious metals fell today after Federal Reserve comments on possible measures to boost U.S. growth sparked a rally yesterday.

Mineweb reports precious metals fell today after Federal Reserve comments on possible measures to boost U.S. growth sparked a rally yesterday.

The market news is quoted as saying,

In other precious metals, silver was down 0.1 percent at $41.35 an ounce, while platinum fell 0.1 percent to $1,847.99 an ounce and palladium was up 0.9 percent at $777.22.

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