Gold, Silver Rates Today LIVE: Comex gold rate falls below $5,200, silver price drops on firm dollar, inflation fears

Precious metals are often seen as safe-haven assets, but their prices are inversely correlated with the US dollar and interest rate expectations. Inflation concerns can also influence central bank policies.

• •Gold and silver prices fell.
• •Amid a firmer dollar and renewed inflation worries.
• •Dampened hopes for near-term interest rate cuts.
• •US dollar firmed 0.2%, making dollar-priced commodities more expensive.
• •Risk flag: Unexpected shift in central bank policy