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Gold, Silver Tumble as Traders Book Profit After Rally to Record
Silver retreated sharply after smashing through $80 an ounce for the first time, halting a record-breaking rally powered by Chinese speculative demand. Gold also tumbled the most in two months. The white metal fell by more than 9% in its biggest intraday decline since 2021 on Monday as technical indicators showed the rally may have run too fast, too soon. Gold fell as much as 4.5% to below $4,329 an ounce, pulling back from the fresh record high set last week, on signs the metal was also overbought. Silver’s sharp reversal came hours after soaring above $84 an ounce after surging Chinese investment demand pulled ... (full story)
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- Dec 29, 2025 10:35am Posted byFundamental Analysis279
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