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Gold dips below $4,000. Silver prices also down

From msn.com

Gold and silver prices both dipped on Monday afternoon, the same day that the wider markets also fell. Front month Comex gold for July delivery dropped 2.6% to $3,997 on Monday, dropping for the second straight trading day and posting the largest one-day dollar and percentage decline since June 24, according to Dow Jones Market Data. Monday’s settle value is the second-lowest this year, down 24.9% from its 52-week high of $5,318.40 on Jan. 29. Silver prices for July delivery fell 3.4% on Monday, to $57.634, notching the lowest settle value since Dec. 4, according to Dow Jones Market Data. The drop is the largest ... (full story)

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  • Category: Fundamental Analysis