Silver ETF Plunges on Bin Laden, Margin Hike
May 02, 2011 at 06:42 AM EDT
An exchange traded fund (ETF) tracking silver was down more than 5% in preopen trading Monday after the U.S. announced the death of al-Qaeda leader Osama bin Laden in Pakistan and Comex operator CME Group raised margin requirements for silver futures. The iShares Silver Trust (NYSEArca: SLV) fell...
