Precious Metals Plunge Alongside European Stocks
International gold and silver prices closed lower on Tuesday.
The New York Mercantile Exchange saw gold futures for December delivery drop by 1.90 percent to settle at $4,396.40 per ounce. Silver futures for the same month lost 2.42 percent to close at $65.369 per ounce.
This decline in precious metals mirrored a broader trend across European markets, where all major indices closed lower on Tuesday.