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Commodities

Friday October 10, 03:35 PM
Gold falls more than 2 pct, silver tumbles

LONDON, Oct 10 (Reuters) - Gold fell more than 2 percent on Friday, with silver tumbling in its wake, as huge losses on European and U.S. equity markets sparked a broad-based sell-off of commodities.

Spot gold fell to a session
low of $887.95 an ounce, before recovering slightly to trade at $889.40/892.40 an ounce at 1414 GMT. It was quoted at $911.50 late in New York on Thursday.

Silver tumbled to a session low of $11.32 an ounce, down more than 5 percent from $12.01 late in New York on Thursday. Later it was quoted at $1.40/11.48.

(Reporting by Jan Harvey; editing by Michael Roddy) Keywords: GOLD/FALL

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