Spot gold experienced a significant decline of 2.43% during intraday trading, while spot silver saw an even sharper drop of 6.00%. The fall in gold prices reflects the ongoing volatility within the precious metals market. Investors are closely monitoring economic indicators that may impact future price movements. This notable decrease in both gold and silver prices may influence trading strategies among market participants. As the market reacts to various external factors, these shifts in value indicate changing investor sentiment towards precious metals.
