Gold and silver prices experienced significant drops in Monday’s Asian session, reversing recent rallies that had driven both metals to historic peaks. Spot gold fell over 9% to $4,403 per ounce, while silver posted steeper losses of 15%, sliding below $72 per ounce.

Gold prices continued to crash on Monday, dropping 6% on MCX to hit the lower circuit,, down nearly Rs 9,700 per 10 grams.Silver crashes, drops 12% on MCX.Silver prices continued to crash on Monday, dropping 12% on MCX to hit the lower circuit,, down nearly Rs 32,000/-

precious metals are facing huge downside pressure due to continuing selloff in the international markets as the Dollar Index is extending its gains. US President Trump nominating Kevin Warsh as the next Fed Chair continues to support the US Dollar

Going ahead, gold is expected to remain volatile but relatively more stable compared to silver, which may continue to witness exaggerated swings. In the current phase, caution is advisable — a watch-and-learn approach is better until volatility subsides and price structures stabilize.

The sell-off reflects the volatile nature of precious metals trading. While economic uncertainty typically supports gold prices as investors seek safe-haven assets, the metals are equally susceptible to sharp corrections when market sentiment shifts or traders perceive rallies as excessive.The current pullback suggests investors are either reassessing economic concerns that initially drove the surge or booking profits after the rapid climb to record levels.