🟡 Gold Reels After a Historic Fall — The Market Shakes!
After one of the strongest rallies in over a decade, gold just experienced its largest single-day drop in 12 years, plunging 6.3%, while silver followed with an 8.7% collapse.
💡 What Triggered the Fall?
1️⃣ Improved U.S.–China relations eased investor fears, cutting demand for safe-haven assets. 🇺🇸🇨🇳
2️⃣ A stronger dollar made gold costlier for global buyers. 💵
3️⃣ Technical exhaustion after the parabolic run triggered massive profit-taking. 📉
4️⃣ India’s festival season ended, cooling physical gold demand.
5️⃣ The U.S. government shutdown delayed speculative data, adding market confusion. ⚠️
📊 Expert Insight:
Commodity strategist Ole Hansen (Saxo Bank) noted —
> “This correction reveals the true strength of the market… and fundamental demand will ultimately remain supportive.”
🧠 What’s Next?
Many analysts view this not as the end — but as a pause in the larger uptrend. As inflation, liquidity cycles, and central bank buying continue, gold may still have another leg higher.
Will gold recover soon, or is this the beginning of a deeper correction? 🤔
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