Both gold and silver saw sharp declines on October 24, reflecting significant intraday volatility in the precious metals market.
On October 24, spot gold fell below $4,050 per ounce, ending down more than $90 from its daily high, with losses widening to 1.8%. Spot silver also dropped over 2%, trading at $47.91 per ounce. The sharp movements indicate heightened volatility across precious metals.