Gold and Silver Prices Fall Amid Strong Dollar, Rising Yields, and Middle East Tensions

Gold and silver prices declined sharply amid a stronger US dollar, rising US Treasury yields, and surging crude oil prices above $100 per barrel, which heightened inflation concerns and reduced expectations of near-term Federal Reserve rate cuts. Despite escalating US-Iran tensions fueling safe-haven demand, the stronger dollar and higher borrowing costs pressured bullion. Meanwhile, aluminium prices surged to nearly four-year highs due to supply disruptions linked to the Middle East conflict. Analysts expect continued volatility in precious metals amid geopolitical and economic uncertainties.