Gold prices dropped sharply by 2.55% intraday, briefly breaching the $4,010 level, while silver also fell below $47 per ounce amid heightened market volatility.
Spot gold plunged more than $100 during intraday trading, dropping below $4,010 per ounce and recording a 2.55% decline. Spot silver also fell below $47 per ounce, reflecting significant pressure across precious metals markets. The sharp moves highlight ongoing volatility affecting gold and silver prices.