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Top silverseek.com News

Gold blasts past $5,500/oz to record high on safe-haven demand — REUTERS / Angelika Warmuth

Gold · United States

Gold blasts past $5,500/oz to record high on safe-haven demand

49% Center coverage: 53 sources

Spot gold jumped to a record above $5,500 an ounce on Thursday, extending a blistering rally as investors piled into the safe-haven metal amid geopolitical and economic uncertainties, while silver also notched an all-time high. See the Story

US stocks fall while a break in gold fever sends metals prices screeching lower

Kevin Warsh · United States

US stocks fall while a break in gold fever sends metals prices screeching lower

43% Center coverage: 46 sources

Stocks closed lower on Wall Street while gold and silver prices plunged as investors tried to gauge what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates going forward. The S&P 500 dropped 0.4% Friday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite sank 0.9%. The value of the U.S. dollar rallied but only after swiveling a couple times. Gold’s price dropped 11%, and silver sank mo…See the Story

China halts trading in 5 silver and oil funds amid volatility

Silver · China

China halts trading in 5 silver and oil funds amid volatility

Coverage: 2 sources

The trading halts and alerts aim to ‘maintain the stability of the capital markets’ and protect investors from ‘huge losses’, analyst says.See the Story

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