Wednesday, September 28, 2011

Gold Tumbles to $1,600, Silver Falls Below $30

Gold and silver futures extended their losses Wednesday afternoon amid
broad-based weakness in the commodities complex and a modest rally in the U.S.
dollar. COMEX gold futures for December 2011 delivery settled lower by $34.40,
or 2.1%, at $1,618.10 per ounce.

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