Price of gold falls again
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Gold and silver prices are down today, after a record-setting recent rally amid the government shutdown and tariff wars. Here's what's up.
Silver's price is down by almost 10% but is it the right time for investors to buy in? Here's what to think about.
Used in nearly everything with an on-and-off switch, global demand for silver has been outstripping supply since 2020.
Gold prices dropped in their biggest decline since 2013, a day after notching new record highs. Silver futures, which ended Monday at the second-highest level on record, pulled back even more sharply,
The silver market dropped a bit in the early hours of Wednesday, as it looks like the $47 level is important in this market, and we should see some kind of major reaction sooner or later in this commodity.
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I Warned that $50 Silver Was Pivotal. What to Watch Now – and How to Trade – as Gold and Silver Prices Experience Extreme Volatility.
Gold (GCZ25) and silver (SIZ25) futures prices extended losses overnight into Wednesday after both metals suffered major losses on Tuesday and saw their worst routs in many years on concerns the rallies had run too far,
Today’s Forbes Daily newsletter covers silver’s record prices, average car prices rise, Grindr’s stock surge, ghost guns under watch, Dead Internet Theory and more.
Gold, silver tumble in biggest daily drop in years as stunning precious metals rally comes to a halt
Gold prices tumbled 5% on Tuesday to mark their biggest daily drop in more than a decade as a stunning rally in precious metals came to a halt. Futures for the yellow metal ( GC=F) hovered near $4,141 per troy ounce, while spot gold declined to as low as $4,082, in its biggest one day drop in 12 years, according to Bloomberg data.
TD Securities' Daniel Ghalil thinks the squeeze in silver prices is reaching a high point and market dislocations have become so drastic that they may "self-resolve" in the coming weeks.
Gold and silver saw their sharpest declines in years as easing tensions and a stronger dollar triggered profit-taking.
Veteran metals trader Robert Gottlieb explains the forces behind silver's record highs and what's next for investors