Silver tumbles 10%, gold below $5,000/oz as analysts see continued volatility

Core Viewpoint - Precious metals, specifically gold and silver, experienced a significant price decline due to a broad market sell-off and the strengthening of the dollar [1] Group 1: Market Impact - Gold and silver prices fell sharply on Thursday, indicating a negative trend in the precious metals market [1] - The decline in precious metals was influenced by the dollar rising to nearly a two-week high, which typically exerts downward pressure on commodity prices [1]