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    Precious Metals Fall as Wall Street Opens Higher

    Written by Investing News Network
    |
    Aug. 29, 2011 09:35AM PST

    CNBC reports platinum group metals dropped after Wall Street stocks opened higher, deflecting interest from the safe-haven metal.

    CNBC reports platinum group metals dropped after Wall Street stocks opened higher, deflecting interest from the safe-haven metal.

    The market news is quoted as saying,

    Silver was last down 2.19 percent at $40.58 an ounce, tracking weakness in gold prices. Spot platinum was last down 0.08 percent at $1,825.40 an ounce, while spotpalladium was last down 0.05 percent at $756.00 an ounce.

    For the complete market news, click here.

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