Precious metals face short-term pressure, gold falls below the $4823 mark

2026-01-21 16:00:10

【Crypto World】The precious metals market experienced a correction today. Spot gold sharply declined in the short term, with a drop of over $30, currently hovering around $4822.95 per ounce; spot silver also came under pressure, falling below $93 per ounce, with a daily decline of 1.65%. Market sentiment is weak, and many investors are beginning to adjust their precious metals positions. This correction may be related to the strengthening of the US dollar or a decrease in geopolitical risk appetite, and it is also worth paying attention to the correlated performance of related commodities and risk assets.

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NotAFinancialAdvice

· 4h ago

Gold has dropped again, is the dollar starting to gain strength? It seems those who should have cut their losses already did.

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PanicSeller

· 4h ago

Gold has dropped again, I've seen through this thing long ago... Whenever the dollar strengthens, you have to admit defeat.

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BuyHighSellLow

· 4h ago

Gold has dropped again, and I'm relieved I didn't buy the dip this time... but I feel it still has to fall further, with the dollar so strong.

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DataBartender

· 4h ago

It has fallen below the key level again. Is it time to buy the dip this time? --- Gold and silver are both crashing, and the dollar is acting up again. --- A $30 decline isn't a big deal, just annoying. --- Geopolitical risks cooling down? Don't be funny, it's definitely the Federal Reserve hinting at something again. --- Hey, should we really sell or hold during this adjustment? What do you all think? --- Investors are all cutting losses, but I'm going to do the opposite. --- After this drop in precious metals, feels like the bottom is near? --- The strong dollar suppression is classic. --- Where are the safe-haven assets? Now they're falling along with risky assets. --- Damn, it's red again. Not watching anymore.

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ImpermanentTherapist

· 4h ago

Gold has dropped again, I really can't hold on anymore, this wave of the dollar is really fierce

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OnChainDetective

· 4h ago

It's such a coincidence that a $30 sell-off happened. I checked the on-chain data, and there was indeed a large transfer to an institutional address at 2 a.m. It's suspicious, really suspicious.

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