Gold falls to $5,000, silver tumbles 14% as precious metals rally come to a halt

Group 1 - Gold prices fell 6% to around $5,000 per ounce, while silver tumbled 14%, marking a sharp reversal from this year's rally in precious metals [1] - Gold prices have risen approximately 15% year to date, influenced by a weaker dollar against other currencies [3] - Silver prices have increased roughly 28% year to date, following a significant rally in 2025, although analysts note that prices have overshot forecasted averages [6] Group 2 - Goldman Sachs analysts set a year-end price target of $5,400 for gold, indicating potential upside risks due to increased participation from private-sector investors [4] - The volatility in precious metals is exacerbated by a wider stock market sell-off, with major averages all lower [1] - Analysts express concerns about the current phase of rapid price increases in metals, suggesting that volatility may lead to liquidity issues [2]