Prices of metals and oil dropped after the investment bank also downgraded estimates and outlook for the coming year.
Precious metals tumble as inflation fears ease and the US economy shows strength.
After months in the doldrums, precious metals are gleaming again.
The metal is down about 5% this year and 11% since last fall's highs. A strong market and stronger dollar are at play. And gold often slips at the start of the year.
A shady payroll report continues a string of misleading economic data.
A new austerity in the industry will rein in capital spending and lower production, which in turn should boost prices.
Here are 3 reasons why silver is set to rebound handsomely soon.
2013 will be a good year for stocks, and particularly strong for gold and silver.
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