Gold accelerates losses, silver falls 20% as precious metals rally evaporates
Gold futures (GC=F) headed for their worst day since the early 1980s. The precious metal fell more than 10% to hover near $4,750 an ounce on Friday while silver (SI=F) also fell more than 20%, the biggest daily decline on record in several reversals of this year’s massive rally in precious metals. The volatility came … Read more