#Gold &
#Silver 🚨 Precious metals market crash: minus $1.48 trillion in 24 hours!
The gold and silver markets have seen a massive sell-off, sparking heated discussions among investors. In the last 12 hours alone, the market capitalization of precious metals has fallen by a whopping $1.48 trillion.
📉 What about the numbers?
Gold: down 4.1% (minus ~$1.22 trillion in market value). The price fell from $4,360 to the $4,180–$4,200 range per ounce.
Silver: down 7% (minus ~$260 billion). The price fell from $68.5–$69 to $64 per ounce. Since silver is actively used in "green" energy and the automotive industry, it traditionally shows higher volatility.
🔍 Why are storage assets falling despite the geopolitical explosion?
According to market logic, gold should rise, as global tensions are running high: the US has launched strikes on Iranian air defense facilities in response to the downing of an Apache helicopter in the Strait of Hormuz.
However, this time the macroeconomics turned out to be stronger than geopolitics:
1. Strong US labor market: Recent employment data exceeded forecasts, which effectively nullified hopes for a Fed rate cut in 2026.
2. Strengthening dollar and bond yields: High interest rates make dollar-denominated assets more attractive to investors. Since gold and silver do not bring dividend income (zero yield), their investment attractiveness has decreased at the moment.
🔮 What's next? Technical analysis and forecasts
Now both metals are testing key support zones:
$XAU : The next important milestone is $4,100–$4,150. If buyers fail to hold it, the path to the psychological level of $4,000 will open. To resume the bullish trend, the price needs to consolidate above $4,300 again.
$XAG : Support is expected in the range of $62–$63, and resistance has formed at $66–$68. If pressure increases, there is a risk of a drop to $60.