Gold Falls Below $4,600

Gold Falls Below $4,600

Spot gold prices continued to decline in early morning global trade on Monday, slipping below the $4,600 per ounce level before pulling back. Gold prices crashed by over 9.8 percent on Friday after hitting a peak of around $5,595 per ounce on Thursday. As of 9:05 p.m. ET on Sunday, the bullion was trading at $4,723, down 2.92 percent from Friday’s close, after hitting a low of $4,586. Silver prices were down by 1.53 percent, trading at $83.40 pe…

Gold and Silver Prices Drop in Volatile Markets

Gold and silver prices fell sharply this week after hitting record highs.  Both metals experienced one of their biggest drops in decades, with notable selling pressure late January.