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ID: 26509
Title: Gold, silver sink on fund sales (Reuters)
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Security guards count several one kilo gold bars inside a secured vault in Dubai April 20, 2006. The global flight from risk knocked precious metals again on Friday, with gold falling below $650 an ounce for the first time in three weeks as shaky global stock markets prompted investors to reduce positions in commodities. (Tamara Abdul Hadi/Reuters)Reuters - The global flight from risk knocked gold and silver hard for a third straight day on Friday, with bullion falling below $640 an ounce for the first time in 1-1/2 months as funds and currency investors cashed out on precious metals to pay for losses in other markets.


Category: Business/Stock Markets/
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Date Added: March 02, 2007 09:44:09 PM
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