London, England -- (SBWIRE) -- 04/18/2011 -- Financial spread betting news for March 15th from the market experts at City Index (http://www.cityindex.co.uk/)
Metal prices have fallen during commodity trading this morning (March 15th) as investors look to shelter from losses.
A 07:04 GMT Reuters report noted the drop in value during early morning trading, with gold tumbling by more than one per cent, losing $10.70 (£6.66) an ounce as of 06:36 GMT.
Palladium and platinum both saw their prices decline by more than one per cent, while silver made losses of approximately three per cent.
The international news agency stated concerns about the increasing risk of Japan's nuclear plants - made unstable by Friday's earthquake and resulting tsunami - as one reason why investors sold metals to minimise potential losses.
Gold - usually seen as a safe heaven for investors during uncertain times - had gained up to one per cent yesterday, but this situation has been turned around today.
Meanwhile, Brent oil for April delivery fell by more than $2 a barrel as of 07:41 GMT after earlier hitting a low of $111.19, Reuters said.
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