Why is gold price down by 8% to reach $4,098 and silver by 6.1% to $63.66, and what led gold to slip to 4-month low level in four months? Here's if precious metals will rise to dream levels in near future

Why is gold price down by 8% to reach $4,098 and silver by 6.1% to $63.66, and what led gold to slip to 4-month low level in four months? Gold prices fell due to rising inflation fears, rate hike expectations, strong dollar, and market liquidation. Silver and other metals also declined.

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