Gold plunges 5%, silver drops 7% as stocks soar on Covid-19 vaccine euphoria

Spot prices beat a sharp retreat from a near two-month peak of $1,965.33 hit earlier in the session amid a weaker dollar and hopes for more stimulus following Joe Biden's victory in the U.S. elections.

First published here: Gold plunges 5%, silver drops 7% as stocks soar on Covid-19 vaccine euphoria