Gold and silver are getting smoked
Early Thursday, gold fell by up to 2.7%, or $US32.50 an ounce, to as low as $US1176.10 an ounce.
The precious metal had rallied above the key $US1200 level but has tumbled again.
Silver fell by nearly 5% to as low as $US15.81.
The plunge in the commodities come as stocks trade in the red, with the Dow falling by as much as 122 points in trading.
Here’s the latest plunge in gold:
And in silver: