Silver futures plummet on fall in home sales
Silver futures plummeted on Comex yesterday and finished 2.34% lower at $18.46/oz, as falling new home sales in the US and the Fed stating negative outlook about the US economy due to spreading European debt crisis left negative impacts on silver prices.
Gold futures fell from a record $1,610.70 an ounce on investor sales after the metal's longest rally in 31 years.