Silver Prices Drops on Greek Debt Worries

IBTimes reported that silver prices were falling in response to concerns about the Greek debt bailout.

As quoted in the market news:

Prices for precious metals met resistance as Greece continues to be the main focal point in the ongoing European financial crisis. Despite agreeing to strict austerity measures, including cutting 15,000 public sector jobs and cutting the minimum wage by 22 percent, the coalition leaders would not agree to make substantial cuts in supplementary pensions.

Click here to read the full IBTimes report.