The Economic Times

Why is gold price crashing today while silver price rising? Gold drops below $5,100 while silver rebounds above $84 after bouncing from key $80 support level

Gold price crashing today while silver price rising. Spot gold fell 1.5% to about $5,092, while U.S. gold futures slipped near $5,101. In contrast, silver climbed above $84 after rebounding from the key $80 support level. A stronger U.S. dollar, rising oil prices near $120, and expectations of higher Federal Reserve interest rates are pressuring gold prices. Gold, a safe-haven asset, weakens when rates rise. Silver holds firm because of industrial demand and technical buying. Traders now watch U.S. CPI data, Fed policy signals, and Middle East tensions for the next precious-metals move.