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Gold extends rout in volatile pullback from record price surge
Business Standard
|October 23, 2025
Gold and silver steadied after their steepest selloff in years, as investors locked in profits on concern the recent surges in the precious metals had left them overvalued.
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Spot gold traded near $4,125 an ounce after tumbling as much as 6.3 per cent on Tuesday — the biggest intraday decline in more than a dozen years — while spot silver slumped as much as 87 per cent. Technical indicators had shown ascorching rally in both precious metals was likely overstretched.
Diese Geschichte stammt aus der October 23, 2025-Ausgabe von Business Standard.
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