Silver fell l0p. an ounce
LV.Z. Press Assn.—Copyright) LONDON, January 23.
Silver dropped sharply, while most other metals slipped on the London Metals Exchange today.
Brokers described the 10 pence drop as a “walloping.” Easing gold prices and the improvement of sterling forced it down, they said. “A lot of money went into it the other day—it just had to back off at some stage,” one broker said.
Silver was quoted as 176.90-177 p.
Tin fell to £2840-£2B4s—a fall of £17.5.
Cash copper dropped £5.5 to £904-£905. Three-month copper dropped the same amount to £B9B-£899. Lead fell about £2 to £252£254. Zinc rose £7.5 to £568£569.
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Bibliographic details
Press, Volume CXIV, Issue 33442, 25 January 1974, Page 24
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106Silver fell l0p. an ounce Press, Volume CXIV, Issue 33442, 25 January 1974, Page 24
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