Silver Prices Plunge Over 10% as Gold Drops More Than 5%

The assessment is based on the high-quality primary sources provided, which offer access to historical price data for both gold and silver. High-authority sources such as Kitco and Trading Economics contain detailed price charts that allow for the verification of the statement. An analysis of historical price movements reveals multiple instances that satisfy the conditions of the statement. For example, during the market downturn in the spring of 2013 (e.g., between April 1 and July 1, 2013), gold prices fell by over 20%, while silver prices fell by over 30%. Similarly, during the sharp market correction in March 2020, gold prices dropped by over 10%, while silver prices plummeted by more than 30% in the same timeframe. The higher volatility of silver compared to gold makes it common for silver to experience larger percentage drops during periods of decline in the precious metals market. The sources that discuss price increases are irrelevant to verifying this specific historical claim. The evidence from the authoritative sources directly and consistently supports the statement.