Gold is suffering its worst drop in 12 years: Billionaire investor and 'bond king' Bill Gross thinks the top may be in
Business Insiderยท2025-10-21 16:36
Gold is trading more like a trending stock on Reddit than a haven for investors, and may have topped out after its record surge, billionaire investor Bill Gross told Business Insider. The yellow metal fell as much as 6.3% on Tuesday, suffering its worst drop in 12 years. The drop coincided with an even steeper 8.7% decline in spot silver prices.The moves suggest investors are taking profits after gold and silver's record-setting gains this year, and perhaps acting on Gross's latest warning. After cautioni ...