Commodity Capsule: Brent crude oil, gold, silver, copper, all trade lower | Watch video
Commodity Capsule: Benchmark for U.S. gold futures tumbled 4 per cent last week for its biggest weekly decline since a nearly 6 per cent plunge during the week to June 11, 2021.
Commodity Capsule: Comex Gold and silver sank to a seven-month low on Tuesday, as the dollar hit 10-month highs indicating a rush of investors towards the U.S. currency.
Comex October Gold contract is trading near $1820 an ounce, down $56 in two trading sessions.
Benchmark for U.S. gold futures tumbled 4 per cent last week for its biggest weekly decline since a nearly 6 per cent plunge during the week to June 11, 2021.
Comex gold wrapped the third quarter down 3 per cent after a 4 per cent drop in the second quarter.
Silver prices tanked briefly under $21, the lowest since mid-March. The metal lost nearly 12 per cent in the last two trading sessions.
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