Gold and silver tumble as global selling pressure hits precious metals
Gold futures fell 4.9% to $4,146 per ounce while silver slid 7.7% to $47.40, leading a sharp correction across precious metals. Palladium and platinum dropped nearly 8%. The decline followed stronger U.S. Treasury yields, profit-taking after record highs, and fading safe-haven demand. Analysts expect volatility to persist as traders await the Federal Reserve’s policy commentary later this week.
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22h ago
Gold and silver tumble as global selling pressure hits precious metals
Gold futures fell 4.9% to $4,146 per ounce while silver slid 7.7% to $47.40, leading a sharp correction across precious metals. Palladium and platinum dropped nearly 8%. The decline followed stronger U.S. Treasury yields, profit-taking after record highs, and fading safe-haven demand. Analysts expect volatility to persist as traders await the Federal Reserve’s policy commentary later this week.
negative
Gold and silver tumble as global selling pressure hits precious metals
about 22 hours ago
1 min read
58 words
Gold and silver prices drop nearly 5–8% amid global sell-off and stronger U.S. yields.
Gold futures fell 4.9% to $4,146 per ounce while silver slid 7.7% to $47.40, leading a sharp correction across precious metals. Palladium and platinum dropped nearly 8%. The decline followed stronger U.S. Treasury yields, profit-taking after record highs, and fading safe-haven demand. Analysts expect volatility to persist as traders await the Federal Reserve’s policy commentary later this week.
Gold futures fell 4.9% to $4,146 per ounce while silver slid 7.7% to $47.40, leading a sharp correction across precious metals. Palladium and platinum dropped nearly 8%. The decline followed stronger U.S. Treasury yields, profit-taking after record highs, and fading safe-haven demand. Analysts expect volatility to persist as traders await the Federal Reserve’s policy commentary later this week.