Gold and silver rally after a two-session drop: Why the memelike moves are so unusual

Group 1 - Gold and silver prices increased for the first time in two sessions, supported by a weaker U.S. dollar after a significant drop last week [1][2] - The ICE U.S. Dollar Index decreased by 0.2% to 97.42, providing a temporary boost to gold prices [2] - Analysts caution that the support for gold and silver is fragile, as it is not based on a fundamental shift in monetary policy or the global risk landscape [3] Group 2 - The most-active April gold contract rose by $282.40, or 6.1%, settling at $4,935 per ounce, marking its best one-day gain since March 19, 2009 [4] - Silver prices increased by 8.2%, or $6.29, settling at $83.30 per ounce after a significant drop of about 33% over the previous two sessions [5] - The unusual rise in precious metals occurred despite a recovering risk appetite in the market, as indicated by the performance of major stock indices [5][6]