[Gold Prices Plunge for Third Consecutive Day to Two-Week Low as Global Long-Term Rates Surge] According to Jin10 Data, gold and silver prices saw significant intraday declines due to a sharp simultaneous rise in bond yields across the US, Europe, and Japan. Spot gold fell nearly 1.8% intraday to approximately $4,370 per ounce, marking its third consecutive day of decline and a cumulative drop of over 3.5% in the past three trading days. Spot silver dropped nearly 3% to around $64.5 per ounce. The US 10-year Treasury yield broke above 4.75%, Germany's 10-year yield rose to 3.34%, and Japan's 10-year yield surpassed 3% for the first time in nearly 30 years, significantly raising risk-free returns and diminishing the appeal of non-yielding gold. Although escalating US-Iran tensions have driven up oil prices and safe-haven demand, the market is more focused on resurging inflation and the risk of continued rate hikes by major central banks. Analysts believe gold prices may remain under pressure in the short term, with employment data and rate hike expectations likely to dominate future trends.