<h1>Gold and silver plunge as easing trade tensions and profit-taking trigger ETF outflows, risking further downside below $4,000</h1> Gold and silver prices fell sharply following reports of easing bilateral trade tensions, which reduced safe-haven demand and prompted profit-taking and ETF withdrawals; gold dropped around Rs 700 to Rs 1,25,900 per 10 g in the national capital and spot gold fell below USD 4,050 per ounce internationally. Market participants flagged potential further downside if spot gold breaches USD 4,000, while investors anticipate central bank meetings that could affect rate policy and precious metals valuations. The developments may affect portfolio valuations, margin requirements, commodity trading positions and disclosure obligations for funds and brokers.