Gold fell below $4,000 for the first time since November 2025, extending its decline to 28% from its all-time high. Silver is down more than 50% from its peak. Over the past 30 hours, gold dropped 3.9%, and silver fell 9.2%, erasing an estimated $1.5 trillion in combined market value. Since the start of the conflict, gold has declined 25% and silver 38%. The selloff reflects reduced demand for safe-haven assets as geopolitical risks ease. Investors are now watching whether lower inflation expectations and shifting interest-rate outlooks continue to pressure precious metals.
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