Gold prices experienced a significant downturn, settling 2.12% lower at $4042.80, marking the third decline in the past four trading sessions. This sharp drop in the precious metal’s value coincided with a broader market sell-off, as silver also saw a substantial fall of 4.6%, extending its downward trend for a second consecutive session. Investors are closely watching these movements as they signal potential shifts in market sentiment and risk appetite.
Adapted from: WSJ.com: Markets
