The Economic Times

Why is gold price down by 2% and silver by 4.2%, and will precious metals continue to drop or rise again? Gold and silver fall, analysts insights, market outlook and what should investors do now

Why is gold price down by 2% and silver by 4.2%, and will precious metals continue to drop or rise again? Gold, silver, platinum, and palladium fell after oil crossed $100, Treasury yields rose, and the U.S. dollar strengthened. Markets reduced expectations of U.S. interest rate cuts. Investors now track inflation, Federal Reserve policy, global conflict, and energy prices for the future direction of precious metals.