Woofun AI data shows that spot gold prices retreated by 2% during the session, settling at $4,047.35 per ounce.

Concurrently, spot silver experienced a 4% decline, reaching $57.28 per ounce.

New York silver futures also contracted by more than 4.5% to trade at $57.548 per ounce, while spot silver prices fell 4.00% to $57.29 per ounce.