Precious Metals May Decline as Near-Record Prices Spur Sales by Investors

Bloomberg reports that precious metals prices were mostly down and may fall again on speculation some investors will sell the metals after prices climbed to near records.

The market news is quoted as saying,

Silver for July delivery fell 1.7 percent to $35.585 an ounce in New York. Palladium for September delivery rose 0.2 percent to $772 an ounce. Platinum for July delivery was down 0.2 percent at $1,814.80 an ounce.

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