PANews reported on January 29 that spot gold continued its decline, nearly breaking below the $5,100/ounce mark, with a daily drop of 5.5%; spot silver once fellPANews reported on January 29 that spot gold continued its decline, nearly breaking below the $5,100/ounce mark, with a daily drop of 5.5%; spot silver once fell
Spot gold nearly fell below $5,100, while silver fell nearly 9% intraday.
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**PANews Analysis: Precious Metals Face Sharp Decline**On January 29, PANews reported a notable downturn in precious metals markets. Spot gold experienced persistent selling pressure, nearly breaching the $5,100.00 per ounce threshold with a substantial 5.50% intraday loss. Meanwhile, spot silver endured even steeper losses, momentarily slipping below $107.00 per ounce and ultimately plummeting 8.81% throughout the trading session. Overall, analysts believe this volatility signals heightened market uncertainty.---**Character count (excluding Arabic numerals):** 258
PANews reported on January 29 that spot gold continued its decline, nearly breaking below the $5,100/ounce mark, with a daily drop of 5.5%; spot silver once fell below $107/ounce, with a daily drop of 8.81%.
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