Markets
Gold, silver fall sharply in broad sell-off
NEW YORK : Silver prices fell 7 percent and gold tumbled on Wednesday, as risk aversion among investors and weaker oil a
NEW YORK: Silver prices fell 7 percent and gold tumbled on Wednesday, as risk aversion among investors and weaker oil and grain prices triggered a broad sell-off of financial assets.
Bullion was down 3 percent at $1,599.99 an ounce by 2:21 p.m. EDT (1821 GMT), and silver dropped 7.6 percent at $29.42 an ounce.
Copyright Reuters, 2011
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