Spot gold declines nearly $30 to below $4,290/oz

gold: Gold is a precious metal traded globally as both an investment asset and a store of value, with demand often influenced by interest rates, real yields, currency movements, and geopolitical risk. In this news, spot gold declined sharply during the session and moved below the reported threshold, consistent with recent pressure from a stronger dollar and higher real yields that make non-yielding bullion less attractive. silver: Silver is a precious metal with both investment and industrial uses, and it typically exhibits greater price volatility than gold. In this news, spot silver also moved lower, extending recent weakness linked to shifting interest-rate expectations, currency strength, and position-squaring in precious-metals markets. Recent trend: Gold and silver have both faced intermittent selling in September as investors reassessed the outlook for U.S. rates, although lower bond yields and easing inflation concerns have periodically supported rebounds. Market drivers: Recent market coverage attributes pressure on precious metals to a hawkish shift in U.S. monetary policy, higher interest rates, stronger real yields, and a firmer dollar. Relative volatility: Silver has recently experienced larger percentage moves than gold, reflecting its greater sensitivity to leveraged trading and industrial-demand expectations.