CAPITAL MARKETS

Precious metals slump on Friday

AFTER a strong start to 2021, gold and silver took a hit on Friday due to a rising US treasury yields and a higher dollar.

Precious metals slump on Friday

Gold futures dropped 4.1% to US$1835.40 an ounce. Since our last First Call on December 22, gold rose as high as $1954/oz on January 5, but has plunged in the days following the events in the US. ...

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