Silver Price Drops 5%, Gold Price Loses 3% as Trump Wins the Elections

Following the recent election results which saw Donald Trump emerge as the winner, there has been a significant shift in precious metals market values. Silver prices experienced a 5% decrease, while gold fell by 3%. This drop is considered linked to the renewed sense of stability in the political environment as investors often flock to these safe haven assets during times of uncertainty. As the news of Trump’s victory spread, there was a swift movement away from these assets, causing the noticeable dip in their prices. Read More