Gold and silver prices decline

The price of gold decreased by 0.55% to $5,150.41, according to stock exchange data.

Meanwhile, the price of May 2026 silver futures also fell by 1.05%, reaching $84.64.

At the same time, platinum on the spot market (XPT/USD) increased by 3.07%, reaching $2,066.78 per ounce. During the latest trading session, the precious metal gained $61.51.

Analysts explain the movements in the precious metals market by global economic uncertainty, rising geopolitical risks, and increasing investor demand for safe-haven assets.

Aytaj