Thursday, September 22, 2011

Gold, Silver Plummet, U.S. Dollar Hits 7-Month High

Gold and silver futures plummeted Thursday as the U.S. dollar surged higher on
heightened fears over a global recession and the sovereign debt crisis in
Europe. COMEX gold for December 2011 delivery settled lower by $74.20, or 4.1%,
at $1734.10 per ounce.

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