Gold plunges sharply amid the collapse of precious metals

GasFeeVictim · 2026-02-14T21:03:02+00:00

The precious metals markets, such as gold and silver, have experienced significant declines, with gold trading at $4,794 and silver at $81. This correction reflects a bearish trend marked by volatility and selling pressure in the segment.

GasFeeVictim

2026-02-14 21:03:02

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Precious metals markets faced significant pressure during the early session of the week. Gold and its peers experienced sharp declines reflecting the current volatility in these segments. The report from Jin10 documents this major correction in international quotes.

Current quotes and magnitude of losses

Spot gold is priced at $4,794 per ounce after a weak Monday open, while silver shows an even more pronounced retreat, dropping to $81 per ounce with an accumulated decline of 4.5% in this session. These prices reflect the selling pressure that has characterized these assets in the short term. Gold movements have been especially significant given the importance of this metal as a safe haven during times of uncertainty.

Context of the correction in precious metals

The current outlook is part of a downward trend that accelerated last Friday, when there was a sharp collapse in the prices of both metals. This downward dynamic has triggered cascading movements in gold prices and other assets in the segment, reaffirming the volatility that characterizes global markets today. Traders continue to monitor these fluctuations as indicators of the prevailing risk sentiment.

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