3 hours agoThe Value of Gold and Silver
Periskopi(6 months ago)
(6 months ago)A drop in gold and silver prices intensified on Monday after the CME Group's main stock exchange increased margin demands following a drop in metal prices last week caused by Kevin Wars' appointment as the next president of Fed. The price of gold in the country dropped by 6.1% [...]
The price of gold in the country dropped by 6.1% to 4,565,79 dollars per ounce by 7:26 after losing more than 9% on Friday in its sharpest one-day decline since 1983.
Meta has lost more than 1,000 dollars since a record 5,594,82 on Thursday, erasing most of this year's profits, Reuters reports
The upcoming US gold contracts for the surrender of April fell by 3.3% to $4,586.20 per ounce.
The price of silver on the market dropped by 12% to $74.48 per ounce after dropping 27% on Friday on its worst ever recorded day. He's lost about 40% since he reached a historic peak of $11.64 last week.
