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Gold Crashes to $5,130, Silver Nears $82 Amid Stock Turmoil

March 5, 2026·about 2 hours ago·via The Economic Times
Gold Crashes to $5,130, Silver Nears $82 Amid Stock Turmoil
Gold plunges to about $5,130 per ounce and silver drops near $82 even as stocks tumble in a turbulent market. Escalating tensions from the Iran war drive a broad sell-off, with surging energy prices, a stronger U.S. dollar, and rising bond yields hammering precious metals. Traders liquidate positions across assets, including base metals like copper and nickel, which also fall sharply.

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