Gold and silver prices fall amid Middle East tensions and rising oil prices.

Gold prices declined as tensions escalated in the Middle East following Iran's attack on the UAE, leading to increased demand for safe-haven assets but reduced interest in precious metals seen as risk assets. The U.S. dollar strengthened alongside a 5% rise in Brent oil prices, pressuring gold and silver further. Silver and platinum also fell, with silver testing key support levels and platinum impacted by higher oil prices and falling industrial demand. If gold breaks below current support, it could drop further toward $4350-$4370, while silver and platinum face similar downside risks amid ongoing geopolitical uncertainty.