Gold and silver drop after Trump's statements
Gold and silver prices decline during morning trading following several statements from President Trump regarding Iran and the future of current Federal Reserve Chair Jerome Powell, who is under criminal investigation due to renovations at Federal Reserve offices.
Gold prices are recorded at $4,606 per ounce at 04:54 Saudi time, with prices reaching a record level of $4,643 per ounce yesterday. Meanwhile, futures prices reached $4,609 per ounce, with yesterday's record level at $4,649 per ounce.