#GoldSilverRally
Gold and silver plummet as the financial crisis in the US raises red flags
Gold and silver fell sharply on Thursday, shaking markets already nervous about rising financial stress in the United States.
Spot gold dropped more than 3% while silver plummeted over 10%, reversing part of its recent rally.
Gold was trading at $4,956, a decline of 3.97%, while silver was exchanging at $76.74 after losing 10.65% in the last 24 hours.
This sudden sell-off has led analysts and investors to wonder if a broader reclassification of tangible assets is taking place.
$DUSK
DUSK
0.1029
-1.90%
$BANANAS31
BANANAS31
0.004468
-6.21%