BIGGEST METALS CRASH IN HISTORY 📉
An unprecedented shock hit the precious metals market as over $7.4 trillion in value was wiped out in less than 24 hours, marking one of the most violent sell-offs ever recorded in metals.
$XAG | Silver
Silver witnessed a brutal collapse, crashing nearly -32% to around $77, triggering massive liquidations and erasing approximately $2.4 trillion from its total market capitalization. The move reversed weeks of aggressive upside momentum in a single session.
$XAU | Gold
Gold also faced heavy selling pressure, plunging about -12.2% to near $4,900, resulting in close to $5 trillion being wiped from its market value. This sharp drop followed a recent record-high rally, catching many market participants off guard.
📊 Market Impact:
Extreme volatility across metals and related derivatives
Heavy sell pressure in futures, ETFs, and mining stocks
One of the largest single-day value destructions in commodity history
#MetalsCrash #Gold #Silver #XAG #MarketVolatility #Commodities
