Gold, Silver Prices Crash: Why precious metals are under pressure - CNBC TV18

AI desk brief

Gold and silver are under heavy pressure, with both metals reportedly plunging as much as 6% as U.S. yields rise, the dollar strengthens, and markets price fresh Fed rate-hike bets. The piece frames the move as a rates/USD-driven selloff and points to upcoming U.S. inflation and jobs data as the next catalyst for whether the decline extends or stabilizes.

No other concrete price levels or flow data are provided in the extract, but the near-term setup is clearly bearish for precious metals if real yields continue higher and policy tightening expectations persist.