Precious Metals

International Business Times reported that European debt concerns caused silver prices to fall.

International Business Times reported that European debt concerns caused silver prices to fall.

The market news is quoted as saying:

“The thing that’s driving the euro down is concern over the Greek debt situation and, in turn, that is sort of a negative influence on economic growth in Europe,” said William Adams of FastMarkets.com. “Because silver has industrial uses as well as being a precious metal silver can be dragged down when the economic outlook deteriorates.”

To read the full market news, click here.

MARKETS

Markets
TSX19980.91+96.33
TSXV575.88-6.69
DOW33745.69+199.37
S&P 5003965.34+18.78
NASD11146.06+1.10
ASX7151.80+16.10

COMMODITIES

Commodities
Gold1751.04+0.26
Silver20.94+0.01
Copper3.64-0.05
Palladium1942.16+11.15
Platinum980.45+4.95
Oil80.11-1.53
Heating Oil3.400.00
Natural Gas6.370.00

DOWNLOAD FREE REPORTS

×