Silver Reaches $50 Milestone for the First Time in Decades

1 min read
Source: Bloomberg.com
Silver Reaches $50 Milestone for the First Time in Decades
Photo: Bloomberg.com
TL;DR Summary

Gold dropped below $4,000 and silver retreated from a 40-year high as US equities weakened, prompting profit-taking after a strong rally driven by economic fears and haven-seeking behavior, with other precious metals like platinum and palladium also falling.

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