The value of gold and silver has decreased by more than 4.6% and 8%, respectively, following drops at the beginning of the day and the previous week. At 17:30 on this Monday, the price of gold had fallen by 4.67%, standing at $4,665.55. During the day, the precious metal experienced a decline of 10%, reaching an intraday low of $4,402.95. On Friday, gold ended with a decrease of 8.95%, marking its worst day since 15 April 2013. Gold is moving away from the historical records achieved on 29 January when it reached $5,595.47.
Gold and silver fall by 4% and 8%, respectively, but they improve from their initial slump.
