SRADGuys, did you see that? The silver and gold just, just plunged! It really seems to me that all the managers of sovereign central banks colluded to dump silver and gold and profit take! How else can.it be that it was coincidental thousands of individual investors simultaneously decided to sell?! Obviously this is rigging!!
PRECIOUS-Gold, silver dip as dollar rises after strong US jobs data
Gold and silver prices dipped as the U.S. dollar strengthened following strong January jobs data, which reduced expectations for near-term interest rate cuts. Spot gold fell 0.4% to $5,058.64 per ounce, while spot silver dropped 1.4% to $82.87 per ounce. The U.S. dollar index rose, reflecting a robust labor market, with job growth unexpectedly accelerating in January. Investors are now awaiting inflation data for further insights into the Federal Reserve's monetary policy direction.
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