Gold And Silver Prices Sink
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Selling silver can trigger IRS reporting, but when and how it happens depends on what you sell and how you do it.
The case for gold and gold miners is compelling for two reasons. Firstly, gold can serve as a strategic hedge against inflation. Secondly, some major miners extract silver, copper, and other essential metals for industrial applications,
Gold and silver ETFs staged a sharp comeback after a brutal sell-off. Fund managers say the panic was misplaced and fundamentals never broke.
Gold, Silver Rates Today Live Updates: 24-carat gold on MCX fell to ₹1,36,185 per 10 grams, down from an opening price of ₹1,46,800 per 10 grams on Sunday, the day of the Union Budget 2026, showing heavy selling and sharp price swings during the session,
On Friday, SLV closed with a loss of approximately 28.6%, and gold with a loss of 10.2%. That lines up with how this market usually behaves. Silvers tends to move roughly three times as much as gold, so the swing looks proportionate. However, the reversal in gold tells us that this is not just a "silver story," but systemic stress in positioning.
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Gold and Silver tumble as Trump's Fed Chair pick Warsh seen as preserving central bank independence
Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens.
Gold prices extended gains for a second day, climbing back above $5,100 as a historical pullback from record highs offered a buying opportunity for investors.