UPDATE

MARKET UPDATE FOR 10 SEPTEMBER

Silver futures for December delivery plummeted 82.5 cents, or

7 percent, to $10.89 an ounce. Earlier, the price touched $10.81,

the lowest since Oct. 5, 2006.

Silver has fallen 27 percent this year, while gold has dropped 9 percent.

The declines today were the biggest since Aug. 15.

Investment in the SPDR Gold Trust, the biggest exchange- traded

fund backed by bullion, has fallen 11 percent to 631.2 metric

tons from a record 705.6 tons on July 11.