Gold and silver extend declines
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The shocking volatility in metal markets last week hasn't deterred JPMorgan from its bullish call for gold to hit $6,300 this year.
Gold and silver prices dropped as increased CME margin requirements added to the selling pressure following last week's sell-off.
Gold and silver futures stage a minor recovery after falling sharply on MCX, with futures dropping over 6% and both hitting the lower circuit. Gold ETFs fell up to 16%, and MCX shares dropped 10%. The steep correction was driven by profit-taking and a stronger US dollar.
Gold prices are surging, but things could look very different over time. Here's how older investors should respond.
Gold prices dropped by a whopping Rs 14,000 per 10 grams and silver prices tanked by Rs 20,000 per kg in Delhi on Friday. The sharp dip came after gold hit a fresh high of Rs 1,83,000 and silver of Rs 4,
Use gold to cut portfolio drawdowns in crises. See 2008–2022 evidence, optimal 5–10% (up to 25%) allocation, and risk-reward benefits—read now.
Gold futures on Nymex are trading back above the $4,000-an-ounce level as bulls once again hold sway after a flurry of profit taking over recent sessions. Silver is also finding its footing, changing hands above $48 an ounce after dropping to a three-week ...
Gold staged a V-shaped recovery after Thursday's crash. Bitcoin didn't. What does this mean for the 'digital gold' narrative?