Silver ETFs Sink Up To 8%, Hindustan Zinc Falls As Inflation Fears Trigger Selloff
Silver ETFs tumbled up to 8% and Hindustan Zinc slid nearly 5% as hotter US inflation, rising bond yields and a stronger dollar triggered a sharp selloff in precious metals, with global silver prices and gold futures extending losses amid profit booking after a recent rally.
Silver ETFs tumbled up to 8% and Hindustan Zinc slid nearly 5% as hotter US inflation, rising bond yields and a stronger dollar triggered a sharp selloff in precious metals, with global silver prices and gold futures extending losses amid profit booking after a recent rally.
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