Gold, Silver, PGMs Down On Flight To Cash
By James Campbell
Of DOW JONES NEWSWIRES
SINGAPORE -- Gold, silver and platinum group metals were all lower in
Asia Tuesday, after the escalating Japan nuclear crisis precipitated
steep losses in Japanese equities, pushing Asian investors to move into
cash.
It was shades of 2008 for the gold market, with the U.S. dollar, the
Japanese yen and the Swiss franc appreciating as investors sought
liquidity.
News of a fire at Tokyo Electric Power's No. 4 reactor at the Fukushima
Daiichi plant in northeastern Japan was the main driver of the selling
amid re
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