Yesterday was terrible for gold as it suffered a loss that was massive. The yellow metal fell fifty dollars on weak economic news. High unemployment numbers cause gold to plunge in price. Precious metals were hit hard with the news. Bullion buyers are afraid it could go under $1000 in the next session. However, if gold has a cold, silver is sick with pneumonia. Silver went under $15/oz for the first time this year. Future price of silver is going up.
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