Gold and Silver See Sharp Reversal

December 8, 2010 8:28 AM EST
Gold and other precious metals are under heavy pressure today which could be related to fear that China will raise rates shortly.

Gold for February delivery is down $27.80 to $1388.30. Silver for March is down $1 to $28.735.

Related ETFs: (NYSE: GLD), (NYSE: SLV)


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Commodities, ETFs