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The metals market is plunging this morning, as fears of European debt concerns this morning are rearing their ugly heads. Equities are sharply lower, with all three indexes down more than 1.5%.
Copper is down 14.3 cents to trade at $3.7890, a loss of 3.64%.
Ipath Dow Jones Ubs Copper Total ETF
JJC is down $2.06 to $48.97, a loss of 4.04%.
Silver is down sharply, down $1.42 to $39.41, a loss of 3.5%.
Shares of Ishares Silver Trust ETF
SLV a loss of $1.00 to $38.39, a loss of 2.5%.
Gold is down $24.10 an ounce $1,790.90, a loss of 1.33% this morning, as it moves back below $1,800 an ounce.
Shares of Spdr Gold Trust ETF
GLD are down $2.19 to $173.85.
Platinum is down $32 an ounce, trading at $1,782.00, a loss of nearly 2%.
The platinum ETF settings First Trust ISE Global Platinum Index
PLTM is down $1.05 to $21.58, a loss of 4.64%.
Palladium is down $19.45 an ounce today, trading at $713.55 an ounce. It could cross $700 an ounce if weakness persists.
Shares of ETFS Physical Palladium Shares
PALL are sharply lower today, down $1.65 to $70.57.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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