Gold fell by as much as 3.5% this morning, while silver plummeted by 16% | Lianhe Zaobao

Silver prices plummeted significantly, falling over 16%, while gold prices declined by as much as 3.5%. Spot silver experienced a sharp drop in the early morning of February 5, briefly recovering to above $90 per ounce, but then fell again. Market sentiment weakened, affecting most asset classes, including regional stock markets and metal markets, highlighting the fragility of market sentiment. Analysts pointed out that metal prices will remain highly volatile until the outlook for monetary policy becomes clearer