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Stock impact report

Silver Plunges Record 36% as Precious Metals Suffer Historic Collapse – Bitcoin About to Rally? [Yahoo! Finance]

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Source: Bloomberg The selloff was triggered by President Donald Trump's nomination of Kevin Warsh as Federal Reserve chair , which sent the dollar soaring and sparked massive profit-taking across commodities markets. The crash wiped out more than $15 trillion from the gold and silver markets in 24 hours, an amount equal to half the size of the entire U.S. economy. Despite the brutal correction, both metals still finished January with gains (gold up 12% and silver up 16%), while Bitcoin tumbled to a nine-month low of $82,000, raising questions about whether the digital asset will follow precious metals' trajectory or chart its own path. Spot gold prices crashed more than 12% at one point, hitting a low of $4,682 per ounce in its biggest single-day decline since the early 1980s, closing down 9.25% at $4,880. Silver experienced an even more dramatic collapse, plummeting 36% intraday to $74.28 per ounce before settling 26.42% lower at $85.259, marking its worst day since March Show less Read more
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