silver, Gold and Precious metals
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The swift reversal has shifted market attention toward vehicles tracking the metals directly, as well as companies exposed to their production. Spot gold and silver ETFs have moved decisively lower, while mining-focused funds are also posting substantial losses as trading begins.
Gold (GC=F) futures fell as much as 11% on Friday to trade below $4,900 per troy ounce in a severe reversal of this year's massive rally in precious metals. Spot gold saw its biggest daily drop since the early 80's while silver (SI=F) futures tumbled more than 25%.
The world’s largest cryptocurrency is down 2% over the past day while gold and silver have dropped 11% and 30%, respectively.
Once again, the UK is in the grip of a global feeding frenzy in precious metals. It is easy to see why.
Gold ( GC=F) fell below $5,300 after briefly topping $5,600 per ounce on Thursday while silver also slid as a blistering rally in precious metals appeared to come to a halt.
Precious metals can diversify retirement portfolios, but they come with fees, risks and IRS rules. Here’s how to decide if they belong in your IRA.
The price of silver has been surging, but is it too late to get invested? Here's what some experts recommend.
JOHANNESBURG, Jan 27 (Reuters) - The South African rand was firm on Tuesday, supported by stronger precious metals prices ahead of local central bank data that the market expects will give insight into the country's economic outlook.