Gold, Silver Fall
Digest more
Hosted on MSN
Here’s what’s behind the selloff in gold and silverThe tumble in precious-metals prices from their all-time highs has accelerated, with gold and silver futures suffering some of their worst daily declines on record Thursday. Gold sank for the sixth time in the past seven trading days, losing 5.9%, or $289. ...
Why is gold price down by 2% and silver by 4.2%, and will precious metals continue to drop or rise again? Gold, silver, platinum, and palladium fell after oil crossed $100, Treasury yields rose, and the U.
While investors tend to flock to precious metals during geopolitical conflicts like the Iran war, other factors are inserting themselves this week.
Spot gold declined 1.61 per cent to $4,420.48 per ounce, while spot silver dropped around 3 per cent to $67.69 per ounce.
Why are gold and silver prices surging now, and will precious metals continue to rise or fall again is linked to Iran war risks, oil price rise, and Fed policy outlook. Gold and silver move higher on safe-haven demand,
Precious metals, especially gold, rose on Monday following news of the attack on Iran, but they're seeing a reversal today. Here's the latest.
Gold prices traded higher to their highest in nearly two weeks amid a weaker dollar after US President Donald Trump said the war with Iran could wind down within two to three weeks.