Gold, Silver ETFs Sink As Precious Metals Selloff Deepens; Silver Funds Drop Over 6%
Gold and silver ETFs tumbled as a sharp bullion selloff hit investors, with silver funds plunging over 6% and gold ETFs dropping 2–3%. A stronger US dollar, rising crude prices and shifting global risk sentiment pressured precious metals, while analysts flagged a bearish short-term trend and warned silver may stay under pressure unless clear reversal signals emerge.
Gold and silver ETFs tumbled as a sharp bullion selloff hit investors, with silver funds plunging over 6% and gold ETFs dropping 2–3%. A stronger US dollar, rising crude prices and shifting global risk sentiment pressured precious metals, while analysts flagged a bearish short-term trend and warned silver may stay under pressure unless clear reversal signals emerge.
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