P.M. Kitco Metals Roundup: Gold, Silver Slammed to 2-Year Lows on Panic Selling

(Kitco News) - Gold and silver prices careened lower on massive panic selling pressure Monday that drove both market to more-than-two-year lows. Fear is pervasive in the raw commodity sector early this week as the two-session, $175-plus drop in gold prices also sent crude oil prices sharply lower and has spooked the entire market place. Silver has shed more than $4.00 an ounce since last Thursday's closing levels in New York. June Comex gold last traded down $133.70 at $1,368.00 an ounce. Spot g...