New Delhi, Jan. 31 -- After a record-breaking rally in the last few weeks, the prices of gold and silver crashed on Friday. Gold suffered its biggest slide in four decades, falling more than 12% in its biggest daily decline since the early 1980s. Silver posted a record intraday decline, plunging more than 36%, as the selloff swept through the broader metals markets.
By the end of Friday, Gold had dropped to around $5,068 (AUD 7,282) and Silver at $98.50 (AUD 141.50).
Not totally unexpected, the selloff on Friday attracted sharp reactions from netizens on social media.
Social media users are stunned by the sudden crash of the gold and silver prices, and while some likened the market graph of the precious metals to Dubai's Burj Khalifa, ...
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