Spot gold falls $13.51 to $4,100.71/oz in five minutes; silver down 2%

The speed of the move matters more than its size: a $13.51 slide in five minutes signals thin liquidity or a sudden repricing rather than a slow shift in sentiment. Silver's steeper 2% decline points to the higher-beta metals complex leading the pullback, a pattern worth noting for anyone tracking the gold-silver relationship. What's notable is that this is framed as an intraday move within a still-elevated price environment, so whether the weakness extends into the close or is absorbed is the open question.