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Silver Investing News reports weakening of the markets and stronger dollar affecting commodities. A slowing economy and reduced industrial demand has hurt the silver price the most this week. It’s “more related to the economy than gold is,” said Bart Melek, BMO Capital Markets global commodity strategist. Silver is functioning much more as an industrial …
Silver Investing News reports weakening of the markets and stronger dollar affecting commodities.
A slowing economy and reduced industrial demand has hurt the silver price the most this week. It’s “more related to the economy than gold is,” said Bart Melek, BMO Capital Markets global commodity strategist. Silver is functioning much more as an industrial metal rather than a precious metal at the moment.
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MARKETS
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| Commodities | |||
|---|---|---|---|
| Gold | 2326.59 | -60.26 | |
| Silver | 27.18 | -1.39 | |
| Copper | 4.51 | -0.01 | |
| Oil | 82.14 | -1.00 | |
| Heating Oil | 2.57 | +0.02 | |
| Natural Gas | 1.80 | +0.04 | |
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