Gold Silver Rate Today Live Updates: Gold prices declined more than 1% on Thursday, snapping a four-day rally after U.S. President Donald Trump signalled continued military action against Iran in the coming weeks. The shift in sentiment followed bullion touching multi-week highs earlier. Silver also dropped sharply alongside gold.
Rising geopolitical tensions lifted oil prices, while gains in the dollar and U.S. Treasury yields weighed on precious metals. Persistent inflation concerns and muted expectations of Federal Reserve rate cuts further reduced bullion’s appeal. Platinum and palladium also declined, reflecting broad-based pressure across the metals complex in volatile global markets.