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Comex Gold, Silver Settle Lower

Wall Street Journal
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⚡ Quantum Brief
Gold futures suffered their sharpest one-day drop since December 2024, falling $39.80 (1.43%) to $2,737.50 per troy ounce on January 27, 2025, marking the largest dollar and percentage decline in over a month. The decline in Comex gold prices coincided with heightened market focus on the Federal Reserve’s impending interest rate decision, which traders closely monitored for signals on monetary policy direction. Silver also settled lower, reflecting broader precious metals weakness as investors adjusted positions ahead of potential economic shifts and central bank actions. The sell-off underscored renewed volatility in commodity markets, with gold’s safe-haven appeal temporarily diminished amid shifting macroeconomic expectations. Analysts noted the drop could signal profit-taking after gold’s recent rally, though longer-term trends remain tied to inflation data and geopolitical risks.
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Updated Jan. 27, 2025 2:01 pm ETListen(3 min)Front Month Comex Gold for January delivery lost $39.80 per troy ounce, or 1.43% to $2737.50 today—Largest one day dollar and percentage decline since Thursday, Dec. 19, 2024Copyright ©2026 Dow Jones & Company, Inc.

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