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Gold Sees Record Drop as Silver Suffers Second-Largest Decline

Precious metals face historic single-day losses, with gold posting its worst performance and silver its second-worst in market history.

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Terms & Concepts
  • Precious Metals: Rare, naturally occurring metals like gold and silver, valued for investment, industrial, and jewelry uses.
  • Market Drop: A rapid decline in asset prices within a financial market, often driven by high sell volumes.