Precious Metals Suffer Largest Selloff in Decades
Precious metals lose over $7 trillion in 36 hours as gold, silver, platinum, and palladium suffer historic collapses.
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2 news articles · 9 briefs · 0 guidesPrecious metals lose over $7 trillion in 36 hours as gold, silver, platinum, and palladium suffer historic collapses.
Gold and silver plunge in a historic selloff, erasing nearly $2 trillion in market value in hours.
Silver plunges below $88, losing 26% in 36 hours and posting the worst market value drop in its history.
Global markets lose over $6.5 trillion in one day as extreme volatility hits metals, equities, and cryptocurrencies.
Gold and silver futures plunge below key levels, wiping out more than $5 trillion in combined market value in 24 hours.
Bitcoin drops below $82,000 as $1.75 billion in crypto positions are liquidated during a sharp market selloff.
Gold experienced its most extreme trading session on record as more than $3 trillion in market value vanished within an hour before a massive rebound. Analysts say volatility exceeded levels seen during the 2008 financial crisis.
Amazon is reportedly in talks to invest up to $50 billion in OpenAI as the AI firm seeks funding at an $830 billion valuation.
Bitcoin slips below $84,000 after $500 million in liquidations, dragging total crypto market value down by $200 billion.
Gold, silver, and stock markets shed more than $6 trillion in value in just one hour amid a sharp risk-off move.
Gold has surpassed U.S. government bonds in central bank reserves for the first time in at least two decades, according to analysts. The shift underscores gold’s rising role as the primary defensive asset in the global financial system.
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