The precious metals market is currently under pressure, with gold prices dropping 2.2% to $4,651.35 per ounce and silver falling 3.7% to $72.38 per ounce. This decline follows a rise in the U.S. dollar and increasing expectations of higher interest rates, which reduce the appeal of non-yielding assets like gold. Analysts note that geopolitical tensions and inflation expectations are key factors influencing market dynamics. For instance, comments from the U.S. President regarding military actions in Iran have led to rising oil prices, further raising inflation concerns. Additionally, Turkey's gold reserves have decreased by 69.1 metric tons in just one week, adding to market pressures. Despite these challenges, some analysts believe that long-term demand for gold as a safe-haven asset remains robust. Investors are advised to keep an eye on economic signals and geopolitical developments, as these will drive future price movements.