Precious Metals Meltdown: Historic $4.02 Trillion Wipeout! 📉⚠️😱
The global financial markets are in shock as the Gold and Silver markets lost a staggering $4.02 trillion in a single day. This massive decline follows a series of aggressive margin hikes by the CME Group and the nomination of Kevin Warsh as the next Federal Reserve Chair, which has fueled expectations of a much tighter monetary policy. Gold prices plummeted nearly 10%, falling from record highs of $5,600, while Silver witnessed an even more dramatic crash, dropping over 15% in a historic rout. Analysts point to a "liquidation cascade" as over-leveraged positions were forced to close, erasing trillions in market capitalization. This unprecedented volatility in traditional safe-haven assets has sent ripples across all investment sectors, marking one of the most disorderly liquidation phases in commodities history.
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