In short

  • Gold and silver were valued at around $1.05 trillion in market value on Monday.

  • Rising odds of a Federal Reserve rate hike, higher yields, and a stronger dollar drove selling.

  • The charts show $3,943 for gold and $54.51 for silver in the next phase.

Read the original article: Gold and silver lost $1 trillion in a single day as bets rose on a Federal Reserve rate hike by Jakub Dziadkowiec on ar.beincrypto.com