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Gold crashes 5%, silver dives over 13% as equities surge (Reuters)

* Gold on track for worst day since June 2013

* Silver plunges 13.8%, biggest daily decline since Oct. 2008

* U.S. PPI rebounded more than expected in July

* Gold is down over $100 since Monday’s close

..

TD Securities expects a deeper pullback as macro factors that have driven gold higher in the last few months are tapering slightly, said Daniel Ghali, commodity strategist at the company.

https://www.reuters.com/article/global-precious/precious-gold-crashes-5-silver-dives-over-13-as-equities-surge-idUSL4N2FD3IT

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