Gold, Silver Extend Declines After Dramatic Reversal of Rally

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Gold and silver prices have declined significantly after a dramatic reversal of their rally, with gold experiencing its largest drop in over a decade.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Gold fell, extending its biggest plunge in more than a decade, as traders digested the dramatic reversal of a rally that had lifted prices to all-time highs. Silver also plunged.

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Original article published by Bloomberg on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.