Why gold and silver prices suddenly collapsed

IRAN-ISRAEL

After surging to a record high above $5,580 (€4,705) per ounce on Thursday, gold  Suffered its steepest one‑day decline in years on Friday, dropping by around 9%. The sell-off didn't stop there. By Monday, the slide had deepened, with the metal losing another 3.3% to $4,545 per ounce, before recovering. The new record before the steep decline in the precious metal came as investors piled into safe-haven assets amid stubborn inflation in major economies and geopolitical tensions over US- China

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Why gold and silver prices suddenly collapsed http://www.dw.com - 02.02.2026 12:05

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Why gold and silver prices suddenly collapsed http://www.dw.com - 02.02.2026 12:05