Silver Falls to $23.63 an Ounce

Silver futures for July fell sharply May 7, to $23.63 an ounce on the COMEX in New York.  That was a decrease of about 1.36 percent, according to Markets N Trade.

Spot silver, meanwhile, was at $23.65 today, nearly 22 percent lower than it was a year ago. The source said COMEX gold and silver are the most active they have been in months. However, concerns over demand for the metals have slowed overall investment activity.