Silver is down because it is largely an industrial metal used heavily in many electronic components. Gold is also used in industry (e.g. Gold plated connectors

Silver is down because it is largely an industrial metal used heavily in many electronic components. Gold is also used in industry (e.g. Gold plated connectors) but less so compared to its use as a value store by governments[1] and private parties. Since the economy is expected to drop, industrial metals are dropping as well. [1] https://www.fiscal.treasury.gov/reports-statements/gold-report/current.html https://www.fiscal.treasury.gov/reports-statements/gold-repo...