Precious metal sell off sees gold, platinum and silver prices plummet

Big price falls in commodities this afternoon as gold futures move below $1,300/oz and silver prices are down below $21/oz. Platinum getting slammed too.

Not sure what's driving it yet, but we did see some precious metal buying in the run up to the government shutdown - it's possible that markets think a deal is likely to come sooner than we thought.

Metal futures all in the red:


Related articles