Silver Reacts to Global Market Pressures

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Wed, Jan 27, 2010

Precious metals prices have taken a hit the past few market sessions as risk-averse sentiments overshadow any recent speculative fervor in commodities.

On Thursday, President Barack Obama announced a set of new proposals to restrict banks or other financial institutions from dealing with hedge funds or private equity funds. The news sent investors pouring from stocks and commodities including oil, gold and silver Friday.

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