---
title: "Gold, silver tumble in sharp selloff as precious metals lose momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285110862.md"
description: "Gold and silver prices experienced significant declines on Monday, with gold dropping $110.40 (2.38%) to $4,519.50 per troy ounce, marking its largest one-day loss since early April. Silver fell $2.88 (3.79%) to $73.07 per troy ounce, also its biggest drop since late April. Both metals have seen losses in four of the past six trading days, reflecting a shift in investor sentiment after a strong rally earlier this year. Despite recent declines, both metals remain elevated compared to their 52-week lows, with gold up over 42% and silver over 127% from those lows."
datetime: "2026-05-04T19:35:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285110862.md)
  - [en](https://longbridge.com/en/news/285110862.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285110862.md)
---

# Gold, silver tumble in sharp selloff as precious metals lose momentum

Gold (XAUUSD:CUR) and silver (XAGUSD:CUR) prices slid sharply on Monday, with both metals posting their steepest daily losses in weeks as recent gains gave way to renewed selling pressure. Front-month Comex gold for May delivery dropped $110.40, or 2.38%, settling at $4,519.50 per troy ounce. The decline marked the largest one-day fall in both doll...

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