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BLBG:Polymetal Falls to Seven-Month Low as Silver Extends Decline |
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OAO Polymetal, the Russian precious- metals producer, fell to its lowest price since October as silver and gold dropped.
The shares slid 4.5 percent to 459 rubles as of 11:53 a.m. in Moscow, the weakest intraday level since Oct. 5.
Silver for immediate delivery retreated 3.5 percent to $34.2963 per ounce, while gold for immediate delivery fell 0.3 percent to $1,496.23 per ounce.
To contact the reporter on this story: Jack Jordan in London at jjordan22@bloomberg.net
To contact the editor responsible for this story: Stephen Kirkland in London at skirkland@bloomberg.net. |
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