Sharp Fluctuations in Gold and Silver Prices
International gold and silver prices have experienced significant declines after reaching highs, with spot silver dropping 8% to $107 per ounce and spot gold falling 6% to $5137.34 per ounce.
During trading today, both metals had initially risen, with silver up 4% and gold up 3%, but market sentiment quickly shifted, leading to sharp price drops.
- Spot silver price fell to $107 per ounce
- Spot gold price dropped to $5137.34 per ounce
- Investor sentiment has become increasingly volatile