Thursday, June 23, 2011

Gold, Silver, Palladium and Platinum Prices Drop Sharply

by Bullion Prices Staff on June 23, 2011

U.S. bullion prices fell sharply Thursday in a general commodities selloff as the U.S. dollar strengthened. Silver took the biggest hit, diving 4.7%. Gold held the best, but still fell 2.1%. August gold futures prices ended down $32.90 to $1,520.50 an ounce on the Comex division of the New York Mercantile Exchange.