Loading ...Gold Crash! Down $3.4 Trillion as Silver Sinks 12% from New Record Highs
Thu, 29-Jan-2026 16:16
GOLD and SILVER SANK from fresh record prices on Thursday, with a crash in the ‘safe haven’ knocking it almost $500 per ounce lower to $5100 as the industrially-useful precious metal plunged by 11.9% amid a slump in major US AI and tech stocks, led by a crash in Microsoft (Nasdaq: MSFT).
The world’s largest software company dropped a quarter-billion-dollars of market cap at the New York opening, crashing by 11.9% after quarterly earnings showed a slowdown in its Azure cloud computing and AI data segment.
Looking at the posts here today didn’t find mention of the fall in Microsoft