Gold Seeker Closing Report: Gold and Silver Fall Nearly 2%

Jon Gold, Market Commentary, Precious Metals, Silver

The Metals:
Gold dropped $24.54 to as low as $1262.76 by midmorning in New York before it bounced back higher at times, but it still ended with a loss of 1.72%. Silver slipped to as low as $19.093 and ended with a loss of 1.64%.
Euro gold fell to about 964, platinum lost $13 to $1406, and copper remained at about $3.15.
Gold and silver equities fell about 3% by late morning and remained near that level into the close.

This post was published at GoldSeek on 2 September 2014.