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Metals Lower, Silver, Copper Down Sharply

Benzinga 15 years ago

Specialty ETFsCommoditiesIntraday UpdateMarketsETFs

The metals market is much lower today, with copper and silver down sharply. Equities are also lower, with all three indexes down over 1.5%. Copper is down 12.7 cents to trade at $3.505, a loss of just over 3.5%. Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) is down $1.59 to $45.31, a loss of 3.39%. Silver is down sharply, down $1.21 to $33.14, as it looks like $30 is the next mark for the precious metal. Shares of Ishares Silver Trust ETF (NYSE: SLV) are down $1.09 this morning, to trade at $32.35, a loss of 3.26%. Gold is down $23.70 an ounce to $1,701.50, a loss of almost 1%. Shares of Spdr Gold Trust ETF (NYSE: GLD) are down $1.46 to $165.88. Platinum is down $23.00 an ounce, trading at $1,584.60, a loss of nearly 1.5%. The platinum ETF ETFS Physical Platinum Shares (NYSE: PPLT) is down $1.95 this morning to trade at $156.48, a loss of 1.23%. Palladium is down $11.70 an ounce today, trading at $639.50, as it looks like it will break $700 an ounce. Shares of ETFS Physical Palladium Shares (NASDAQ: PALL) are sharply lower today, down 71 cents to $63.43.

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