Gold drops to $4,900, silver crashes 25% as precious metals trade dips

Gold drops to ,900, silver crashes 25% as precious metals trade dips

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