Gold and silver have extended their losses, with both precious metals suffering sharp declines in recent trading as investors respond to a stronger US dollar, changing interest rate expectations, and easing geopolitical concerns. Spot gold recently fell below $4,000 per ounce for the first time since November 2025, touching $3,972 an ounce, according to Reuters.
The decline leaves gold roughly 29% below its record high of $5,594.82 reached in January. Silver has also come under heavy pressure, reflecting a broader retreat across the precious metals market.
