Commodity prices slide as Warsh Fed pick sparks risk selloff
SINGAPORE: A broad selloff swept through global commodities markets on Monday, dragging down prices of precious metals, energy, and industrial raw materials as investors reassessed risk following a shift in expectations for U.S. monetary policy.
Gold fell about five percent to its lowest level in more than two weeks, extending losses after both gold and silver hit record highs last week. Silver slid more than se