Gold, Silver Prices Surge After Market Slump
Spot gold climbed more than 5.7% by 0755GMT, reaching $4,926.4 per ounce, recovering from steep losses recorded on Friday and Monday.
On Monday, gold had dropped below the $4,500 mark after US President Donald Trump revealed that he had selected former Federal Reserve governor Kevin Warsh as his choice for the next Fed chair.
Meanwhile, silver prices also bounced back, rising 9.3% to $86.6 per ounce.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
