Silver and Gold: All-Time High Spree Hits Wall – Markets Rally and Scramble
Gold hit a record above $4,380/oz on Oct. 20, then plunged 4%—its steepest daily drop since 2020. Silver fell 6–7%. Global stocks rebounded Oct. 21, with Milan’s FTSE MIB up 0.8% and Japan’s Nikkei near 50,000. Markets expect a U.S. Fed rate cut at the end of October.