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Fear Leads to Panic Selling as Gold and Silver Markets Crash

Monday April 15, 2013 8:40 AM
(Kitco News) - Gold and silver prices are under more strong selling pressure Monday morning as fear among gold and silver traders has led to panic selling and a crash in prices. Gold has lost more than $150.00 an ounce and silver has shed more than $4.00 an ounce since last Thursday’s closing levels in New York. Gold is now at its lowest price level in more than two years. June Comex gold last traded down $92.80 at $1,409.00 an ounce. Spot gold was last quoted down $67.50 at $1,410.00.  May Comex silver last traded down $2.561 at $23.785 an ounce.

Looks like the Kitco web site is overwhelmed this morning. 

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