Metals are MELTING, wiping an estimated $1,000,000,000,000 off gold and silver alone on Thursday.
Silver sank 5.8% and gold 2.8% with surging oil fueling inflation fears ahead of next week's Fed meeting.
Platinum fell 4% and palladium 3.7%, while copper slid 2.8% to a 5-week low as AI stocks sold off.
Gold lost about $810 BILLION in estimated market value and silver over $190 BILLION, per CompaniesMarketCap’s supply estimates.
Silver sank 5.8% and gold 2.8% with surging oil fueling inflation fears ahead of next week's Fed meeting.
Platinum fell 4% and palladium 3.7%, while copper slid 2.8% to a 5-week low as AI stocks sold off.
Gold lost about $810 BILLION in estimated market value and silver over $190 BILLION, per CompaniesMarketCap’s supply estimates.