Gold and Silver Plunge As Iran War Drags

Gold and Silver Plunge As Iran War Drags - Moby BREAKING NEWS Gold just had its worst day in years and the timing is… disorienting. Gold fell about 5% today, down to $4666 per ounce, after gaining nearly 55% over the last year. Silver, not to be forgotten, also fell about 7% to $72 per ounce. And even industrial metals like copper fell about 1.5%. The reasons are multifaceted. Some of the plunge is just profit-taking after a remarkable run for the precious metals. But it’s also structural: The Federal ...