Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Friday 03rd of September 2010
Monday, November 12, 2007

Significant decline in precious metals prices

Significant decline in precious metals prices

Precious metals prices plummeted Monday as the US dollar strengthened and investors took profits.

December gold dropped $27 in New York to close at $807.70 per troy ounce.

While gold fell 3.2 percent on the session for its biggest one-day decline in over a year, it remains 27 percent higher since the beginning of the year.

Silver for December delivery dropped 78 cents to $14.76 per troy ounce, a 5 percent decline on the day.

January platinum was $35.20 lower to $1,390.80 per troy ounce, its lowest in just over a month, while December palladium was down $4 to $372.25 per troy ounce.

 

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Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):