#PreciousMetalsPullBack Precious metals are experiencing a sharp pullback after an extended rally, as investors reassess macro conditions and lock in profits. Gold, silver, and other metals have retreated from recent highs, signaling a short-term correction rather than a full trend reversal.
📉 Current Price Snapshot (Approx.)
Gold (XAU): ~$4,500–4,700 per oz
Silver (XAG): ~$75–78 per oz
Platinum (XPT): ~$1,950–2,000 per oz
Palladium (XPD): ~$1,550–1,650 per oz
(Prices are indicative spot ranges during the ongoing pullback phase.)
🔍 What’s Driving the Pullback?
Profit-Taking: Metals rallied