Gold price slides as dollar firms and silver slumps 14% in forced selloff
Spot gold fell 2.3% to $4,850.89 an ounce in U.S. trading Thursday as a stronger dollar and falling stocks triggered broad sell-offs in metals. Spot silver plunged 12.81% to $76.76 an ounce. The dollar index rose to 97.82. Traders are watching Friday’s U.S.-Iran talks and the delayed U.S. jobs report set for Feb. 11.