Silver and Gold Costs Crash: Worldwide gold and silver benchmarks crashed on Tuesday, halting a rally that showered traders with one of many valuable metals’ finest returns in many years. On COMEX, gold plunged by as a lot as $226.4 – or 6.1 per cent – to $4,093 per metric ounce whereas silver plummeted by $4.3 – or 8.3 per cent – to 47.1 an oz.
That marked the most important intraday fall for gold and silver since 2013 and 2021, respectively.
At 10:20 pm in India, gold was down 5.5 per cent at $4,119.9 whereas silver was down 7.3 per cent at $47.6 per ounce.
