On the 25th, spot gold and silver prices suddenly plummeted, with spot silver plummeting by over 5% at one point, reaching a intraday low of $27.63 per ounce; Spot gold fell by over 2% at one point. Analysts have pointed out that the outlook for the US presidential election is uncertain, and the "Trump trade" in which funds bet has weakened. The market has once again entered a period of intense competition, and the risk aversion of market funds has increased, dragging down the price trends of gold and silver.