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8/9, 1:32 AM (Source: TeleTrader)
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Gold loses 3%, silver down 4%

The price of gold sank to its lowest point since June 2020 on Monday, losing over 3%, as silver dropped 4% before rebounding slightly. Gold traded as low as $1,668 per ounce but quickly recovered somewhat, although still trading at lows unseen since April 2021.

Gold was down 3.35% at 1:35 am CET, selling at $1,706 per ounce, while silver lost 4.16% and went for $23.30 per ounce at the same time. Platinum fell by 1.77% per ounce, going for $365,77 at 1:36 am CET. Palladium was the only precious metal in the green and sold for $2,636.

Breaking the News / DJ