Gold prices have slipped back after reaching a new record high, with some reports suggesting they approached $5,600 per ounce. The decline in gold prices was accompanied by a fall in silver prices and a mixed performance in the stock market, with some indexes such as the FTSE 100 hitting record highs while others like the Dow and Nasdaq declined. The outlook for gold and silver prices remains uncertain, with some factors such as strong US data and potential geopolitical developments potentially influencing their trajectory.