Gold and silver prices have seen sharp declines, the largest since the 1980s for gold and the largest in history for silver.
Gold and silver prices experienced a sharp drop on Friday, January 30th. If shortly before this, precious metals reached their maximum values at auction, prices have now fallen. For silver, this is a record intraday price drop in history. Bloomberg writes about this. During trading on Friday, gold fell by 12%. The price dropped below $5,000 per ounce. For gold, this was the biggest intraday drop since the early 1980s - that is, in more than 40 years.