Tuesday, 3 May 2011
0
Silver Tumbles on Bin Laden News, Margin Requirement Increase, Technical Factors
Silver saw a steep 10% plunge in today's trading, falling from its perch in last week's trading, after failing to move above the $49.50 level. The news that Osama bin Laden was killed overnight� helped to spur some gains in the USD, weakening oil and commodities, and lowering the risk premium that has been underpinning commodity prices. Another important factor was the increase in margin�
http://bit.ly/m5ytwQ
This post was written by: HaMienHoang (admin)
Click on PayPal buttons below to donate money to HaMienHoang:
Follow HaMienHoang on Twitter
Subscribe to:
Post Comments (Atom)
0 Responses to “Silver Tumbles on Bin Laden News, Margin Requirement Increase, Technical Factors”
Post a Comment