Reported about 17 hours ago
Gold and silver prices experienced their largest daily drop in years, with gold falling by 6.3% to just under $4,100 per troy ounce and silver dropping over 8%. This decline follows a significant rally in precious metals driven by factors including easing trade tensions and a stronger US dollar. Analysts express uncertainty about whether this drop signifies a necessary market correction or just a brief setback, as Wall Street remains optimistic for the long-term outlook of gold.
Source: YAHOO