Gold and silver prices remain jittery after the sharpest pullback in more than five years, while global equity and bond markets have taken a breather from recent rallies.

Gold, which remains on course for its strongest year since the 1979 oil crisis, dipped below $4,100 an ounce in London trading, continuing the bout of profit-taking that sunk it more than five per cent on Tuesday.

There has been no obvious catalyst for the plunge other than general altitude sickness after a blockbuster run amid uncertainty about a reshaping of the world order.

"Gold was massively stretched, massively overbought. There's been a lot of FOMO (fear of missing out) going into that market," said Tony Sycamore, a market analyst at IG, adding tech stocks and some other markets were in a similar position.

"For

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