Silver Investing News reports silver fell 8% with the global markets hit with the recent financial crisis. The precious metals along with other commodities are also taking a hit from dollar gains. “We’re still seeing margin-call liquidation and the dollar strengthening,” said Heritage West Futures commodity analyst, Ralph Preston. “The dollar is firming and pushing commodities …
Silver Investing News reports silver fell 8% with the global markets hit with the recent financial crisis.
The precious metals along with other commodities are also taking a hit from dollar gains. “We’re still seeing margin-call liquidation and the dollar strengthening,” said Heritage West Futures commodity analyst, Ralph Preston. “The dollar is firming and pushing commodities down. The dollar is being perceived as a safe-haven play.”
For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.