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Silver Falls 1.9 Percent On Low Demand

Investing News Network
Aug. 01, 2012 02:34PM PST
Silver Investing

Reuters reported that the price of silver was down 1.9 percent to $27.39 an ounce as demand fell.

Reuters reported that the price of silver was down 1.9 percent to $27.39 an ounce as demand fell.

As quoted in the report:

Silver and platinum group metals, used heavily in industry, also fell after earlier reports showed that a Chinese factory purchasing managers’ index (PMI) fell to an eight-month low and the U.S. ISM survey of the American manufacturing sector shrank in July. 

Click here to read the full Reuters report.

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