Monday, May 16, 2011

Gold Prices Slide Slightly, Silver Declines Toward $34

by Bullion Prices Staff on May 16, 2011

U.S. bullion prices were mixed for a third session Monday. Gold, silver and platinum futures declined while palladium advanced. June gold prices lost $3, or 0.2%, to $1,490.60 an ounce on the Comex in New York. The yellow metal reached a high of $1,504.30 an ounce and fell as low as $1,486 an ounce.