Precious Metals Drop
Aug 2nd, 2008 | By Doug Casey | Category: Financial News, Gold MarketIt was another bad day for the precious metals Friday as gold, silver, and platinum were all down. Gold traded fairly flat for most of the day, dipping briefly below $905/oz. at the start of NYMEX trading, but recovered shortly thereafter. Gold finished down $3.60, at $909.70/oz. For the week, gold lost 2%.