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Silver Dips on Commodities Drop

Written by Melissa Pistilli
|
Aug. 19, 2009 02:15PM PST

Silver Investing News reports silver fell almost 6% on drop of commodity prices. The dip came as traders pulled out of the commodities and equities sectors and poured into the dollar on fears that economic recovery is still a ways off. Silver took a bigger hit than gold as its losses were also tied to …

Silver Investing News reports silver fell almost 6% on drop of commodity prices.

The dip came as traders pulled out of the commodities and equities sectors and poured into the dollar on fears that economic recovery is still a ways off. Silver took a bigger hit than gold as its losses were also tied to downward pressure in the industrial metals.

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