Caroline Hepker
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Appearances Over Time
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I'm Caroline Hepka and this is Bloomberg.
News when you want it with Bloomberg News Now.
I'm Caroline Hepker.
The prices of gold, silver and copper have all plunged as a route in the metals market continues to deepen following Friday's sell-off.
Bullion has fallen by as much as 10% today, silver tumbling by more than 16%.
Copper has also seen its losses mount with the metal dropping by as much as 5%.
The rapid declines come after a record-breaking rally.
that appeared to have run too far too fast.
Bloomberg's Martin Ritchie says the correction was overdue.
Martin Ritchie speaking there after Friday's dramatic sell-off, which was triggered by news that President Donald Trump would nominate Kevin Walsh to lead the US Federal Reserve.
That announcement sent the dollar higher and undercut sentiment among investors who had bet on Trump's willingness to let the currency weaken.
Among the material are images appearing to show former British Prince Andrew Mountbatten Windsor kneeling over a woman.
UK Cabinet Minister Steve Reid says the former prince should now testify before the US Congress about his relationship with Jeffrey Epstein.
Steve Reid was speaking as UK Prime Minister Keir Starmer also called on Prince Andrew to testify.
The growing pressure comes as the wider document release revealed fresh insights into the rich and well-connected figures who circulated in the orbit of the late disgraced financier.
The documents show that some individuals, including the current US Commerce Secretary Howard Lutnick and the former Microsoft executive Steve Sinofsky, maintained contact with Epstein far longer than
than they had previously claimed.
Lutnick told the New York Times on Friday that he spent zero time with Epstein but declined to comment on the documents.
Meanwhile, representatives for Anderson Horowitz did not respond to a request for comment.
Iran's supreme leader has warned of a regional war as President Trump threatens military action.