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Gold And Silver Hammered Again - But Buyers Aren't Giving Up

All Articles on Seeking Alpha·about 8 hours ago
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Money Metals Exchange 6.4K Followers

Summary

Gold and silver are attempting to regain their footing after another brutal week. Gold plunged roughly 4%, finishing just above $4,000 an ounce in its sharpest weekly decline since June.

Silver fell nearly 6% to around $54.50 - its lowest closing level in almost a year. Both metals are trading sideways this morning.

Indian gold buying has also improved during the festival and wedding season as lower prices attract bargain hunters.

Ravitaliy/iStock via Getty Images

By Money Metals News Service

Gold and silver are attempting to regain their footing after another brutal week. Gold plunged roughly 4%, finishing just above $4,000 an ounce in its sharpest weekly decline since June.

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Money Metals Exchange 6.4K Followers

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