Gold and silver are getting crushed.?
Silver fell as much as 5.49% to a one-month low of $16.27 an ounce in trading on Tuesday, according to Reuters. Gold fell as much as $10 an ounce (or 1.09%) to $1213.70.
Bloomberg reported that ahead of the Chinese Lunar New Year on February 19, investors are speculating there will be weaker demand for precious metals.
Here's a chart of the slump in silver:
FinViz
And in gold:
FInViz