Metals Down Across The Board, Copper and Palladium Plunging – Benzinga
By Jonathan Chen
Benzinga Staff Writer
September 09, 2011 10:21 AM
The metals market is much lower today, with every single market down. Equities are plunging, with all three indexes down sharply.
Copper is down 10.7 cents to trade at $4.0365, a loss of 2.58%.
Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) is down $1.23 to $52.40, a loss of of 2.3%.
Silver is down 63 cents to $41.91, a loss of 1.47%.
Shares of Ishares Silver Trust ETF (NYSE: SLV) are down 36 cents to $40.86, a loss of 0.85%.
Gold is down $1.10 an ounce to $1,856.40, a negligible loss.
Shares of Spdr Gold Trust ETF (NYSE: GLD) are down $1.41 to $180.40.
Platinum is down $12.30 an ounce, trading at $1,842.20, a loss of 0.66%.
The platinum ETF settings First Trust ISE Global Platinum Index (NASDAQ: PLTM) is down 50 cents this morning to trade at $22.93.
Palladium is plunging $20.20 an ounce today, trading at $745.10, as it looks like it will break $700 an ounce if the selling continues.
Shares of ETFS Physical Palladium Shares (NASDAQ: PALL) are sharply lower today, down $1.33 to $73.58.
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