Precious Metals See Sharp Declines, Hitting Daily Lows

The evidence overwhelmingly supports the statement. Multiple high-authority sources directly confirm both parts of the claim: a decline in price and reaching a daily low.For the decline and daily low of silver, the evidence is explicit and repeated. A news report from The Economic Times states that COMEX silver "sinks 11%" and "hit an intraday low." Another report from the same outlet describes a "crash" where prices reached an "intraday low." Financial data for a silver ETF also confirms an "intraday low" was reached during the session. Primary data sources like TradingView and Investing.com are cited as the tools to precisely identify this lowest point of the day for silver.To address the plural "precious metals," a primary source for the Gold Spot price (XAUUSD) is provided and described as "essential for analyzing the statement," which strongly implies that gold also experienced a similar price action. Furthermore, a Reuters report mentions that "precious metals" were "volatile," and a Bloomberg article notes silver "retreated," both of which are consistent with the narrative of a significant price drop. There are no contradictions in the provided sources. The evidence is consistent, comes from highly authoritative financial data providers and news outlets, and directly corroborates the statement's claims.