Gold and silver plunge
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Silver prices crashed on Friday. One commodities expert says there are three signs to watch for to know if more pain is coming.
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Gold and Silver tumble as Trump's Fed Chair pick Warsh seen as preserving central bank independence
Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens.
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Should you buy silver at Costco with the price rising? Pros and cons investors should consider
Silver prices have been rising quickly, but there are a few things to consider before buying the metal at Costco.
Tokenized silver futures recorded the largest liquidations across crypto markets over the past 24 hours, overtaking bitcoin and ether as a sharp pullback in metals collided with leverage-heavy trading on crypto venues.
Silver plunged 35% in a historic intraday collapse after Trump picked Kevin Warsh as Fed chair, shifting rate expectations.
Silver rate today: On Friday, the COMEX silver price ended at $78.832/oz, over 35% southward from its lifetime high of $121.755/oz
Gold and silver prices saw their worst fall since 1980, with MCX gold down 17.5% and silver plunging 27% after hawkish US Fed signals shook markets.
Both gold and silver are still set for monthly gains, but Friday’s selloff is the biggest shock to the rally since a similar slump in October.