Why is gold price down by 2.7% and silver price by 4.9%, and will precious metals continue to drop or rise again to dream levels? Gold and silver fall, analysts insights, market outlook and what should investors do now

Why is gold price down by 2.7% and silver price by 4.9%, and will precious metals continue to drop or rise again to dream levels? Gold and silver prices fell after oil surged following new US statements on Iran strikes. Rate cut expectations dropped and the dollar strengthened. Analysts say the market direction depends on inflation, interest rates, and safe-haven demand in the coming months.