$iShares Silver Tr(SLV.US) Precious metals slipped significantly as Friday's jobs report looked too strong for Wall Street's liking. Rate hike concerns are back on the table as the economy looks strong enough to not warrant a rate cut, which would have been beneficial for the stock market. Moreover, Middle East tensions continue to escalate, and inflation continues to rise as well. This puts pressure on precious metals as well as the potential rate hikes will make the precious metals less favourable as investors pull out and put those funds into cash and bonds. I don't know when the market will start to stabilise, but it is normal to have many ups and downs in the market. @Bridge Buzz SG