Weekly Silver Prices Fall 1.4% in N.Y., Rise 0.8% in London

Silver prices turned down during the first week in June following silver’s surge in May where the metal gained 27 percent in N.Y. and 23 percent in London.

The earlier Friday closing London markets had silver slightly up for the week while the later closing New York markets pushed silver down hard enough to register a loss.

New York silver futures for July delivery plunged Friday to $15.388 an ounce, declining 22.2 cents or 1.4 percent on the week.

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