Gold, Silver Crash Sparks Mining Meltdown: 10 Stocks Crater On Fed Warsh Shock - VanEck Gold Miners ETF (ARCA:GDX), SPDR Gold Shares (ARCA:GLD), Global X Silver Miners ETF (ARCA:SIL), iShares Silver T
Benzinga·2026-01-31 03:48
The historic collapse in gold and silver prices on Friday sparked a brutal selloff across mining stocks, as markets aggressively unwound one of January's most crowded trades.As of 2:00 p.m. in New York, silver was down 27% to 4,861. Both moves marked the worst single-day declines since 1980 for the two metals.The selloff was just as violent in exchange-traded products tracking precious metals performance. The brutal collapse reflects a sharp repricing of monetary risk ...