Precious Metals Report – A Brush With Death

- May 2nd, 2011

International Business Times reports that this morning there is a lot of searching for answers and for future-telling among global investors with precious metals falling.

International Business Times reports that this morning there is a lot of searching for answers and for future-telling among global investors with precious metals falling.

The editorial is quoted as saying,

Platinum, palladium, and rhodium all eased lower as well this morning as sympathetic selling and lower oil prices kept most of the commodity space on the defensive after last night’s geopolitical news storm. Platinum fell by $15 to the $1,858.00 level, while palladium dropped $10 to start at the $779.00 mark per ounce. Rhodium lost $10 to achieve a $2,200.00 per troy ounce bid-side quote.

For the complete editorial, click here.

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