Tag : CME Group

Business

Gold falls below $4,000 after oil prices jump

manamalive.com
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level...
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Silver tumbles as COMEX margins rise and volatility spikes

manamalive.com
NEW YORK: Silver prices fell sharply on Thursday, extending a volatile run for the metal as fresh U.S. labor data pushed the U.S. dollar higher and pressured precious metals. Spot silver was down 8.9% at $76.54 per...
Gold slumps most in decades as silver posts record daily drop
Business

Gold and silver selloff ripples into stocks and commodities

manamalive.com
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and...