$XAU

XAU
XAUUSDT
4,857.85
-1.11%

Silver plummeted up to 16.6% to roughly $76/oz, while gold slid 3.5% to $4,859. $XAG

XAG
XAGUSDT
73.92
-6.80%

The crash was fueled by a strengthening US Dollar following Kevin Warsh’s nomination as Fed Chair and aggressive margin hikes by the CME. Investors are now deleveraging as they await clarity from upcoming central bank meetings.

#goldandsilverupdates #silverandgoldcrashes