The Economic Times

Why is silver price crashing by 7.1% and gold price by 3.6%, and will gold continue to drop below $4,400 and silver slip beyond $65? Precious metals fall, analysts insights, market outlook and what should investors do now

Why is silver price crashing by 7.1% and gold price by 3.6%, and will gold continue to drop below $4,400 and silver slip beyond $65? Precious metals declined after the dollar strengthened, oil prices increased, and expectations for higher interest rates grew. Turkey reduced gold reserves while Asian demand reacted to lower prices. Analysts are tracking inflation signals, currency trends, and global demand to assess whether gold may drop below $4,400 and silver may move under $65.