NEW YORK, Dec 15 (Reuters) - Silver futures plunged 7 percent on Friday to close below $13 an ounce, while gold dropped almost 2 percent, as a rallying dollar and weaker base metals triggered heavy selling by funds ahead of the weekend. Sources also cited the bullish stock market and predicted precious metals markets would stay choppy toward year end. New York Mercantile Exchange March silver plummeted to a four-week low, down 97 cents, or 7 percent, to finish at $12.980, traded in a ...
Premium Content (PAID Subscription Required)
"US silver plummets 7 pct on fund selling, dollar" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.