Gold and silver prices fell sharply in a broader market selloff on Thursday, as an advance in the dollar to a near two-week high and signs of easing U.S.-China trade tensions added further pressure on the precious metals.
Spot gold declined 2.5% at $4,838.81 per ounce, as of 0535 GMT, retreating from a near one-week high hit earlier in the session. U.S. gold futures for April delivery dropped 1.9% to $4,855.60 per ounce.
