Tuesday, February 3, 2026 at 4:00 PM
At some precious-metals funds, price discrepancies have grown amid wild price swings.
Prices for gold, silver and platinum have surged to record levels, and individual investors are celebrating. The pros? Not so much.
Friday’s plummet in precious-metal prices shows the danger of being late to a rally that has gone far beyond reality.
Wall Street is still forecasting gains for metals despite the sharp selloff.
The boom in the precious metal, interrupted by Friday’s plunge, fueled a frenzy among refiners and caused major pain for companies that need the stuff.
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