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Both gold and silver sold off sharply Wednesday after the White House dismissed an Iranian report of a Strait of Hormuz peace deal as fabricated. Key Points: Gold and silver reversed hard after a rumored US-Iran peace framework collapsed within hours. Gold slid from above $4,500 toward the $4,428 ar

Revolut will shut down gold, silver, platinum and palladium trading for customers across more than 30 European markets on Jun. 15, 2026. Revolut Winds Down EU Metals Service The fintech notified affected users through in-app alerts this week, citing a recent product review and Clause 6.5 of its Term

Goldman Sachs has warned that systematic funds could dump up to $80 billion in equities over the next month, a deleveraging wave that threatens to spill into Bitcoin (BTC), gold, and silver as liquidity conditions deteriorate across global markets. What Happened: Systematic Selling Goldman's trading

Gold and silver climbed for a second straight session Wednesday, consolidating gains after Tuesday's biggest single-day rally since 2008. Gold traded near $5,000 per ounce while silver approached $88 following a historic crash that wiped out as much as 40% of silver's value in just two days. Tuesday

Gold and silver rebounded more than 2% from near one-month lows on Tuesday as traders assessed fair value following a sharp selloff triggered by the nomination of Kevin Warsh as Federal Reserve chair and higher margin requirements at CME Group. What Happened: Precious Metals Recover Spot gold climbe