The Economic Times

What happened to gold, silver, platinum and copper today? Why are precious metal prices crashing sharply today Is this the end of the bull run for metals?

Gold, Silver, platinum and copper price plunge today: Gold, silver, platinum and copper all fell sharply today. Gold dropped over 2.5% below $5,000. Silver plunged nearly 10% under $80. Platinum lost more than 5%, and copper slid nearly 3%. The broad sell-off followed stronger U.S. jobs data and a stronger dollar. Markets saw technical breakouts below key support levels. Traders unwound leveraged positions. Safe-haven demand weakened. Industrial metals also felt pressure from slowing global growth signals. Volatility remains high.