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Spot gold tumbles more than 4%… silver plunges 12%

Source
Minseung Kang

Summary

  • International precious-metal prices are extending their intraday declines.
  • Spot gold fell below $5,090 per ounce, with its intraday loss widening to as much as 4.36%.
  • Spot silver plunged 12.00%, slipping below $79 per ounce.

Forecast Trend Report by Period

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Photo=Shutterstock
Photo=Shutterstock

International precious-metal prices are extending their intraday declines.

According to BlockBeats, a crypto-focused media outlet, spot gold fell below $5,090 per ounce, with its intraday loss widening to as much as 4.36%.

Spot silver plunged 12.00%, slipping below $79 per ounce.

The market sees recent broad-based price corrections across the commodities complex, along with shifts in safe-haven sentiment, as having weighed on silver prices.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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