Gold Price Falls to $4,430, Silver Price Falls to 72.6

TradingKey - Gold prices continued to pull back, breaking below the $4,430 per ounce mark, while silver prices fell in tandem to $72.6 per ounce, nearly erasing all gains made since January. Profit-taking accumulated during the previous rapid rally in precious metals was released in a concentrated manner against a backdrop of cooling risk appetite and tightening liquidity, driving a significant price correction.

Beyond the surface-level cooling of market sentiment, a deeper driver of this decline stems from policy changes and a stampede-like exodus of capital. As exchanges increased margin requirements and risk controls tightened, some highly leveraged funds were forced to liquidate, accelerating the retreat in precious metal prices and shifting capital flows from the previous one-way inflows to a deleveraging and defensive mode.

Specifically, spot gold fell to $4,430 per ounce at 06:44 GMT, following a sharp drop of approximately 9% recorded at the close of the previous trading day. Since touching its historical high, gold prices have seen a cumulative correction of over 19%. The adjustment in silver has been even more dramatic, with spot silver falling to $72.6 per ounce, a cumulative decline of over 43% from its previous historical peak of $121.68, demonstrating that silver prices are significantly more sensitive to capital shifts than gold in a liquidity-contracting environment.