Gold breaks $4,000, silver sinks 6.5% as stronger dollar deepens post-Fed selloff

Spot gold and silver prices fell sharply after Wednesday’s close as a firmer U.S. dollar and post-Fed rate repricing pressured precious metals. Easing oil-supply fears also reduced haven demand, though some support remained tied to U.S.-Iran tensions. The move is negative for precious metals, but the broader market impact is likely moderate rather than systemic.

Analysis

Spot gold and silver prices fell sharply after Wednesday’s close as a firmer U.S. dollar and post-Fed rate repricing pressured precious metals. Easing oil-supply fears also reduced haven demand, though some support remained tied to U.S.-Iran tensions. The move is negative for precious metals, but the broader market impact is likely moderate rather than systemic.