Gold futures came under heavy pressure, testing lower levels as geopolitical escalation in the Middle East renewed inflation concerns and pulled forward expectations for Federal Reserve interest rate hikes. Non-yielding assets faced headwinds from rising rate probabilities reflected in the CME FedWatch Tool for upcoming FOMC meetings. Silver futures also broke sharply, falling over 5% into the $58 region and exhibiting higher beta relative to gold. Elsewhere in the metals complex, Copper futures slipped ahead of a U.S. decision regarding refined copper import tariffs, while Platinum futures joined the broader risk-off decline across precious and industrial metals. Phillip Streible analyzes key technical levels and market drivers.