US EditionGold, Silver Plunge As Traders Book Profit From Record Rallies
7 Articles
7 Articles
Wall Street records losses and the dollar rose against its main rivals. Oil prices rose 2% after peace talks over Ukraine
Euphoria for triple record copper, gold and silver agitates Lima stock exchange, what risk is there?Gold and silver plummeted after operators took profit after a powerful end-of-year rebound that led both metals to historic peaks, with reduced liquidity that exacerbated price movements.Gold spot fell to 5%, which marked its highest intraday drop since October 21st and the second time this year that precious metal recorded a drop of that magnitud…
Silver sinks from record highs as year-end profit-taking slams metals, oil climbs
NEW YORK, December 29, 2025, 14:06 ET Gold and silver tumbled on Monday after touching record highs, as investors locked in gains in thin year-end trading. Spot gold fell 4.2% to $4,340.52 an ounce by 12:00 p.m. ET, while silver slid 8.4% to $72.51. The pullback matters because markets are heading into the final, holiday-shortened week of 2025 after a sharp late-year run in commodities and currencies. Traders have pushed precious metals to recor…
XAU/USD holds above $4,300 after profit taking kicked in
XAU/USD Current price: $4,436 Gold hit a fresh all time high around $4,550 before shedding over $200 on profit taking. The shortened holiday week will only see the release of the FOMC Minutes. XAU/USD needs to pierce the $4,300 level to turn bearish in the near term. Gold prices edged sharply lower in the American session on Monday, with the bright metal currently hovering at around $4,330, after flirting with the $4,550 figure at the beginning…
Gold, Silver Plunge As Traders Book Profit From Record Rallies
Gold and silver plunged as traders booked profit following a powerful year-end rally that sent both metals to record highs, with thin market liquidity exacerbating the price swings. Spot gold fell as much as 5%, marking the biggest intraday drop since Oct. 21 and the second time this year that the precious metal plunged that much in one day. Silver tumbled 11% in its biggest intraday decline since September 2020. Both metals posted a sharp retre…
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