Gold Falls 2.71% to $4,028.58/oz; Silver Drops 5.87%

Silver's roughly double-percentage-point fall versus gold points to a risk-off flush that hits higher-beta precious metals harder, rather than a gold-specific story. That pattern matters for holders of both metals as a single allocation, since the two are diverging in magnitude even as they move in the same direction. Whether silver's underperformance keeps outpacing gold's decline is the open question, and the intraday ranges — both closing near their lows — suggest selling pressure persisted into the close rather than reversing.