Gold and Silver Settle Lower on Comex: Market Slide Continues

Gold and silver settle lower on Comex

In the latest session, Gold and silver settle lower as the COMEX market recorded a ↓ 1.4% decline in gold prices and a ↓ 2.5% slide in silver. The drop marks gold’s second loss in three sessions and silver’s third in four, echoing risk‑off sentiment that has lingered since the pandemic upheaval. Investors cited weaker US dollar data and subdued industrial demand as catalysts.

“The metal market is reacting to macro‑economic uncertainty,” said a senior analyst at Reuters.

The correction may test support levels before any rebound.

Reported by Elara Vance (Night-Shift Breaking News Lead).