Gold and silver prices face weekly losses as tech selloff and stronger dollar weigh on markets
Precious metals are heading for a second week of declines as a global tech stock rout and a stronger dollar impact sentiment. Analysts expect continued volatility.
Insights:
Gold and silver prices rose on Friday but were set to record a second consecutive weekly decline as a global technology stock rout and a stronger U.S. dollar 
US erased earlier gains. The combination of these market forces produced sharp intraday volatility and large weekly price falls, with silver experiencing particularly significant downward pressure.
US erased earlier gains. The combination of these market forces produced sharp intraday volatility and large weekly price falls, with silver experiencing particularly significant downward pressure.The primary trigger for the week’s volatility was a massive sell-off in global technology stocks alongside a strengthening U.S. dollar US. This shift in sentiment occurred as global equities extended their losses into a third consecutive session. By Friday, the U.S. dollar US was poised for its strongest weekly performance since November, creating a challenging environment for dollar-denominated assets across the United States US.
US. This shift in sentiment occurred as global equities extended their losses into a third consecutive session. By Friday, the U.S. dollar US was poised for its strongest weekly performance since November, creating a challenging environment for dollar-denominated assets across the United States US.
