Woofun AI reports that Shanghai gold and silver futures experienced a sharp decline at the open, driven by the Federal Reserve's latest dot plot which underscored a distinct hawkish tendency. This policy signal triggered immediate selling pressure in the precious metals market.

Goldman Sachs has issued a cautionary note, emphasizing that the hawkish pivot is not solely attributable to oil dynamics. Consequently, determining when precious metal prices will stabilize has become a primary focal point for market participants navigating this volatility.