None
EN
Silver sinks below $100, gold tumbles below $5,000
[]
Investinglive RSS Breaking News Feed
Silver is now down 16% to $97 levels while gold is down some 7% to $4,984 on the day.
The $100 mark and the $5,000 mark have both respectfully been breached.
Those are some big, big psychological levels to be mindful of.
As mentioned earlier, profit-taking begets profit-taking and that is what we're seeing here as traders rush to the exits.
I say that because the fundamental drivers that led to the surging rally hasn't gone away just because we're seeing the price "crash" as such today.