MY: Precious metals slide as U.S. data knocks markets
LONDON, July 1 (Reuters) - Precious metals slid on Thursday, caught up in selling of other assets like equities after weaker-than-expected U.S. economic data, with gold sliding 2 percent to a near three-week low at $1,215.45 an ounce.
Spot gold was bid at $1,219.55 an ounce at 1527 GMT, against $1,241.35 late in New York on Wednesday. Silver also dropped to a three-week low at $17.89, and was later at $17.92 against $18.55.
Platinum prices fell 2.5 percent to a low of $1,491.50 an ounce, before edging back to $1,494 an ounce versus $1,531.50. Palladium was the biggest faller, slipping 4.4 percent to a low of $422.43. It was later at $424.10 against $442. (Reporting by Jan Harvey; Editing by Anthony Barker)
