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Gold, silver ETFs crash over 20% amid easing geopolitical concerns : Reports

Gold, silver ETFs crash over 20% amid easing geopolitical concerns : Reports

Gold, silver ETFs crash over 20% amid easing geopolitical concerns : Reports

Gold and silver exchange-traded funds (ETFs) fell over 20% on Thursday as geopolitical tensions eased.

The sharp decline followed US President Donald Trump's decision to cancel plans to impose tariffs on European countries that opposed his demand to annex Greenland.
Gold and silver prices also slipped on the MCX after hitting record highs earlier.

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