After a long rally driven by safe-haven demand amid global tensions, gold and silver prices are now falling sharply. Both metals, which hit record highs earlier this month, have started to decline as investors book profits and shift back to riskier assets such as equities.
Gold, which touched around $4,381 per ounce earlier this week, and silver, which reached $54.5 per ounce, have both corrected by nearly 10%.
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Analysts say the sudden fall is linked to easing geopolitical tensions, a stronger dollar, and signs that the US may move towards trade deals that reduce global uncertainty.
REASONS BEHIND THE SUDDEN FALL
Sugandha Sachdeva, Founder of SS WealthStreet, explained that the curren
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