Gold prices plunge, silver tumbles lower in metals sell-off

Yahoo Finance ^ | January 30th, 2026 | Unattributed

[Mariner]

Gold prices (GC=F) plunges from its record highs above $5,500 per ounce on Friday, while precious metals silver (SI=F) and copper (HG=F) also show signs of retreating.

Yahoo Finance Senior Markets Reporter Ines Ferré breaks down the news and pricing dynamics happening in the metal commodities space this morning.

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TOPICS: Business/Economy; News/Current Events
KEYWORDS: bubble; popgoesthebubble

[Mariner]

First two tech giants post increased revenues and earnings...but their stock drops.

Crypto taking a dump.

And now the metal heads under pressure.

Something's afoot.

[TexasGator]

“Something’s afoot.”

Profit taking.

[Mariner]

“Profit taking.”

We’ll know Monday if it’s people taking some profit or if the slide continues.

[butlerweave]

Hope China gets NAILED

[TexasGator]

“We’ll know Monday if it’s people taking some profit or if the slide continues.”

My portfolio is green.

CVX has had a good move. ETN up 25 this past week leading into next week’s earnings report.

AAPL up almost 20 this past week before dropping 3 today after last night’s report.

JPM recovering after a several week correction.

NVDA holding nicely.

[Antoninus]

Metals look like a classic bubble. I did some profit taking last week. Thinking about taking some more now.

[Antoninus]

Nice. My drone stocks (RCAT and UMAC) have yielded 100% returns over the past year, so I cashed half my position in for each. Now playing with the house's money.

Same with my rare earth pick (CRML) -- 100% gain in less than 3 months.

All of the above are falling now. If they fall far enough, I may get back in. :-)

[Mariner]

CVX has me happy.

But T has me happy as a pig in sh!t. And that $1.11 dividend arrives on Tuesday.

[Georgia Girl 2]

Yep that and shorts are due.

[PIF]

NEW YORK, 10:31 (EST)

GOLD 5,046.75
SILVER 98.85
PLATINUM 2,301.50
PALLADIUM 1,832.50

[bankwalker]

silver is breaking below 90 right now ...

[aMorePerfectUnion]

If you would like to be on the Gold & Silver PING LIST, please pm me.

The Gold & Silver Ping List covers the following:

Everything Gold & Silver
Stock market investments in mining companies,
etc.

PING!

[Chad_the_Impaler]

Some people only have physical silver. One should have at least a portion of one’s holdings in paper silver so that one can exit on a day like today when it is an obvious sell.

[Blue Highway]

What are the tickers for paper gold and paper silver?

[NorthMountain]

at 1332EST, 2026-01-30, silver is at $80.12/ozt

[Antoninus]

Some people only have physical silver. One should have at least a portion of one’s holdings in paper silver so that one can exit on a day like today when it is an obvious sell.

Agree. One should have paper silver AND physical silver for SHTF scenarios.

[Mariner]

“at 1332EST, 2026-01-30, silver is at $80.12/ozt”

That’s officially a rout.

[Chad_the_Impaler]

GLD and SLV, for example.

[PIF]

$ 84.96

[Organic Panic]

Gold and silver up near 300% from a year ago but it is still a drop? I wish I failed so profitably.