Gold prices fell 6% to $5,000 per ounce, with silver tumbling 14% in a sharp reversal. The wider stock market also saw a sell-off. Analysts warn of a potential peak in metal prices due to rapid rises and shifting deficits. Precious metals have surged, with gold up 15% year to date. Goldman Sachs sets year-end gold target at $5,400. Silver, trading at $99 per ounce, up 28% year to date. JPMorgan analysts note silver prices have overshot forecasts. Fed’s rate hold boosts gold past $5,500. Dollar weakness fuels precious metal rally.
Read more at Yahoo Finance: Gold falls to $5,000, silver tumbles 14% as precious metals rally come to a halt
