Gold and silver are getting crushed.
Silver fell as much as 5.49% to a one-month low of $16.27 an ounce in trading on Tuesday, according to Reuters. Gold fell as much as $10 an ounce (or 1.09%) to $1213.70. Bloomberg reported that ahead of the Chinese Lunar New Year on February 19, investors are speculating there will be weaker demand for precious metals. Here's a chart of the slump in silver: And in gold: Join the conversation about this story » NOW WATCH: 14 things you didn't know your iPh...
Gold and silver are getting crushed.
Silver fell as much as 5.49% to a one-month low of $16.27 an ounce in trading on Tuesday, according to Reuters. Gold fell as much as $10 an ounce (or 1.09%) to $1213.70. Bloomberg reported that ahead of the Chinese Lunar New Year on February 19, investors are speculating there will be weaker demand for precious metals. Here's a chart of the slump in silver: And in gold: Join the conversation about this story » NOW WATCH: 14 things you didn't know your iPh...
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