en.Wedoany.com Reported - On June 24, 2026, the international precious metals market experienced a significant decline. Spot gold prices fell 1.69% to close at $4,040.57 per ounce; spot silver prices dropped 2.54% to close at $59.96 per ounce.

This decline in precious metal prices occurred against a backdrop of complex and volatile global macroeconomic conditions. Recently, factors such as a strengthening U.S. dollar index and rising U.S. Treasury yields have exerted pressure on gold prices. Meanwhile, changes in market expectations regarding the Federal Reserve's monetary policy have also influenced investment demand for precious metals to some extent. For silver, its price fluctuations are typically larger than those of gold, and the 2.54% decline reflects silver's market sensitivity due to its dual nature as both an industrial and precious metal.

Despite the significant drop on the day, gold prices remained above $4,000 per ounce, demonstrating a degree of price resilience. Looking at a longer time frame, gold prices have been in a high-level consolidation pattern since 2026, supported by factors such as geopolitical uncertainties, global inflationary pressures, and continued gold purchases by central banks. For silver, driven by industrial demand from sectors like photovoltaics and electric vehicles, the long-term fundamentals remain supportive.

This decline in precious metal prices provides investors with an important window to observe changes in market sentiment. Future trends will still need to focus on global economic data, geopolitical developments, and the monetary policy directions of major central banks.

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