Gold, silver ETFs tumble up to 20% for two straight sessions. Should investors step in?
Silver and gold ETFs experienced sharp declines, dropping up to 20% on Tuesday. This downturn followed a similar crash on Monday. A strengthening US dollar and diminished hopes for early Federal Reserve rate cuts impacted investor sentiment. Experts suggest this correction presents a buying opportunity for long-term investors, citing ongoing support from safe-haven demand and geopolitical risks.