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Gold, Silver Plunge After Historic Rally: 'When it Gets This Stretched, be Careful'
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 Exchange raised margin requirements on silver futures, forcing highly leveraged traders to either add cash or sell their positions. Meanwhile, China, the world's third-largest silver mining country, is expected to restrict exports starting in January, heightening ... (full story)
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From finance.yahoo.com | Dec 29, 2025
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. ...
From apnews.com | Dec 29, 2025
Silver and gold futures fell sharply Monday after the Chicago Mercantile Exchange, one of the worlds largest trading floors for commodities, asked traders to put up more cash to make bets on precious metals with prices surging this year. This year, gold futures are up 65% and silver has more than doubled. The CME raised margin requirements for gold, silver ...
From brecorder.com | Dec 30, 2025
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