Gold and silver prices are plummeting. The next Federal Reserve (Fed) chairman candidate has been nominated, and as the dollar surges, gold and silver prices are collapsing.
As of 2:45 PM on the 30th (local time), spot silver prices are trading at $77.95, down 32.87% compared to the previous trading day. Spot gold has also fallen 11%, dropping to $4,806.13 per ounce.
Indeed, as the elders say, derivatives and spot markets are not to be taken lightly. ㄷ