Gold & Silver Plunge: Margin Hikes & Supply Worries

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Gold and silver prices plummeted this week, with gold futures dropping over four percent and silver futures plunging eight percent, ending a surge in precious metals. The Chicago Mercantile Exchanges margin requirement hike on silver futures and Chinas plan to curb silver exports contributed to the sell-off. Traders and investors are now navigating the volatile market, considering supply risks and recent price drops. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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