#GOLD_UPDATE #SilverUpdate
$1.28 Trillion Wiped Out as Gold & Silver Crash — Is Lunar New Year Liquidity Driving the Drop?
Gold and silver just suffered a steep correction — and Yahoo Finance estimates the sell-off has erased about $1.28 trillion in combined market value.
In thin trade around the Lunar New Year holiday period, price swings can intensify because participation across key Asian markets is reduced — and multiple reports flagged this “thinner liquidity” setup as a short-term amplifier.
What the market shows (Feb 17, 2026):
1.Gold futures fell about ~2.8%–3%, settling around $4,882.90/oz (and reported near $4,878.90/oz intraday).
2.Silver dropped sharply as well, reported around $72–$73/oz in major coverage.
Why it’s happening (most-cited drivers):
- A firmer U.S. dollar weighing on USD-priced bullion
- Macro/Fed expectations and shifting risk sentiment pressuring metals
- Lunar New Year liquidity effects potentially amplifying volatility
I think, Even “safe havens” can bleed in fast, liquidity-thin moves — and volatility may stay high until global participation fully normalizes.
Note: Not financial advice. Do your own research.