FXS: Gold, silver slip sharply as commodities sell off
LONDON, Oct 16 (Reuters) - Gold and silver prices fell sharply on Thursday with equity markets as fears grew over the global economic outlook.
Spot gold fell more than 6 percent to a session low of $792.50, before recovering slightly to trade at $798.25/800.75 at 1349 GMT. In late New York trade on Wednesday it was quoted at $848.00.
Silver tracked gold lower, slipping more than 7 percent to a session low of $9.50 an ounce. It was later trading at $9.67/9.75.
(Reporting by Jan Harvey; editing by Christopher Johnson)
