Gold futures (GC=F) fell as much as 11% to trade below $4,800 an ounce on Friday in a sharp reversal of this year’s massive rally in precious metals. Spot gold saw its biggest daily drop since the early 1980s while silver (SI=F) also fell more than 25%, its biggest daily drop on record in a … Read more
Silver’s time in the spotlight is not over, as the metal suffered its biggest drop in years on Friday after breaking above $100 an ounce this year. In the past year, silver (SI=F) has more than tripled in value, outpacing gold and bringing the ratio of gold to silver to a new low – that’s … Read more
Gold (GC=F) fell 6% to around $5,000 an ounce on Friday while silver (SI=F) fell 14% in a sharp reversal of this year’s massive rally in precious metals. Volatility came alongside a broader share sell-off, with all major averages lower. “The more metals rise, the more likely it is that 2026 will mark lasting price … Read more
Cathie Wood is sounding the alarm about gold as global markets experience one of the most violent swings between assets in recent years. As equities, precious metals and futures markets rallied within hours, the founder of ARK Invest argued that gold’s latest rally has the hallmarks of a late-cycle bubble—one now struggling with leverage, crowded … Read more
If you own gold or silver right now, you probably feel smart and a little anxious at the same time. I have been following this move closely, and the most striking thing is how calm Jerome Powell sounds compared to what gold and silver are actually doing. Gold rose to $5,600 an ounce after a … Read more
Gold (GC=F) fell to around $5,300 after briefly topping $5,600 an ounce on Thursday while silver (SI=F) also pared gains as the precious metals took a breather from a blistering rally. The decline was accompanied by a sell-off in the stock market, with the Nasdaq Composite (^IXIC) down as much as 2% amid declines in … Read more
Gold (GC=F) continued to rise on Monday after breaking above $5,000 an ounce earlier than Wall Street expected. Futures hit a key milestone on Sunday while silver (SI=F) also rose one point beyond $115, raising questions about the dizzying speed of the rally in precious metals. The rise in gold has become a feature of … Read more
Gold (GC=F) rose above $5,000 an ounce on Sunday, hitting the key milestone earlier than Wall Street expected, raising questions about the dizzying speed of the rally in precious metals. The rise in gold has become a feature of the so-called “debasement trade”, with investors buying assets to protect against the erosion of purchasing power … Read more
Gold (GC=F) and silver (SI=F) fell after hitting record highs, bringing a parabolic move in the precious metals space to a screeching halt. Gold futures fell 4.5% to just over $4,340 a troy ounce. Silver futures fell nearly 8% after briefly touching $80 an ounce. Traders were on edge entering Monday’s session after the Chicago … Read more