<h1>Precious metals slump after hawkish Fed signals tightens dollar, raising compliance risks for bullion traders, fiduciaries, and exchanges</h1> Gold and silver prices fell sharply domestically following hawkish comments from Federal Reserve officials that reduced expectations of an imminent rate cut, strengthening the US dollar and pressuring precious metals. The declines reflect market sensitivity to monetary policy signals, with potential legal and compliance implications for traders, exchanges and fiduciaries managing bullion inventories and client portfolios under risk-disclosure and best-execution obligations. Secondary factors cited include pending macroeconomic data and the removal of foreign tax incentives for gold, which may affect cross-border trade, tax reporting and regulatory oversight of bullion flows and dealer disclosures.