Silver Hits Three-Week Low Over Fiscal Cliff Concerns

Bloomberg reported that silver futures saw the biggest loss in three weeks on Wednesday, as lack of progress in talks surrounding the U.S. fiscal cliff has investors wary.

As quoted in the market report:

Silver futures for March delivery tumbled 1.8 percent to $33.475 an ounce in New York, heading for the biggest decline since Nov. 2.

To view the whole Bloomberg report, click here.