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Spot Silver, Silver Futures Sink to Lowest Levels Since Mid-August
Today, spot silver fell 0.4 percent, to $21.17 per ounce; earlier in the day, it hit $20.48, its lowest price since August 9.
Silver prices declined today, following gold. Specifically, spot silver fell 0.4 percent, to $21.17 per ounce; earlier in the day, it hit $20.48, its lowest price since August 9, as per Reuters.
Silver for December delivery also sank to its lowest level since August 9, hittingĀ $20.495 an ounce, Bloomberg reported.
US lawmakers said a budget deal could be reached later today, Reuters also reported. If debt talks reach a conclusion and the economy improves, the US deficit could shrink, impacting precious metals prices.
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MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2390.86 | +0.85 | |
Silver | 28.67 | +0.01 | |
Copper | 4.52 | +0.05 | |
Oil | 83.24 | +0.51 | |
Heating Oil | 2.55 | +0.01 | |
Natural Gas | 1.76 | 0.00 |
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