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Gold, silver tumble in biggest daily drop in years as stunning precious metals rally comes to a halt
Gold prices tumbled in their biggest daily drop in years as a stunning rally in precious metals came to a halt. Futures for the yellow metal dropped as much as 5% to hover near $4,141 per troy ounce, on pace for their largest drop since August 2020. Meanwhile, spot gold declined more than 6%, seeing its biggest one-day decline in 12 years, according to Bloomberg data. Silver futures also tumbled as much as 7% in their largest drop in more than four years. The move came amid easing trade tensions between Washington and Beijing, a rise in the US dollar, and technical indicators flashing overbought conditions. ... (full story)
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- Oct 21, 2025 12:29pm Posted byFundamental Analysis343
