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Silver Set for Worst Weekly Drop Since 1975 Amid Commodity Rout
May. 05, 2011 10:01PM PST
Silver InvestingBloomberg reported on the recent rapid decline in silver prices.
Bloomberg reported on the recent rapid decline in silver prices.
The market news is quoted as saying:
Silver for July delivery on the Comex in New York fell 2.4 percent to $35.36 an ounce at 11:50 a.m. in Singapore, taking losses to 27.3 percent this week as it plunged for a fifth consecutive day.
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| Commodities | |||
|---|---|---|---|
| Gold | 2384.57 | +16.91 | |
| Silver | 28.52 | +0.30 | |
| Copper | 4.43 | +0.07 | |
| Oil | 83.05 | +0.36 | |
| Heating Oil | 2.57 | -0.01 | |
| Natural Gas | 1.76 | +0.05 | |
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