Comex Gold Falls 1.4% as Silver Slides 2.5% – Market Weakens

Comex Gold Decline Extends Amid Weak Demand

Comex Gold prices slipped ↓ 1.4% on Tuesday, marking the second drop in three sessions, while silver fell ↓ 2.5%, extending a three‑of‑four‑day losing streak. Analysts point to muted industrial demand and a firmer dollar as primary drivers.

“The market is reacting to a confluence of macro pressures,” said a senior trader at a major brokerage, citing data from Reuters.

The broader commodities sector mirrored the trend, with copper and palladium also posting modest declines. Investors are watching upcoming Bloomberg reports for clues on Fed policy and inflation expectations.