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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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The 'Fast Money' traders talk silver and gold pulling back from record highs.
From finance.yahoo.com | Dec 29, 2025
Gold (GC=F) and silver (SI=F) tumbled after touching record highs, bringing a parabolic move in the precious metals space to a screeching halt. Gold futures fell 4.5% to just above $4,340 per troy ounce. Silver futures dropped nearly 8% after briefly touching $80 per ounce. Traders were on edge going into Monday's session after the Chicago Mercantile ...
Silver futures experienced significant volatility, reaching an all-time intraday high of 82.67 before reversing sharply to the 71 level. This sentiment shift, fueled by a U.S. dollar rebound, triggered heavy selling across the metals complex, pushing Gold futures down 4% and Platinum futures down 14%. After five consecutive higher closes, the market hit a ...
