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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Precious 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.
Gold and silver futures plunge below key levels, wiping out more than $5 trillion in combined market value in 24 hours.
Gold, silver, and stock markets shed more than $6 trillion in value in just one hour amid a sharp risk-off move.
Gold surged above $5,600 per ounce for the first time in history following the Federal Reserve’s latest remarks, while silver broke past $120. The precious metals rally has delivered returns that far outpace equity markets.
The U.S. dollar fell to a new four-year low after Donald Trump said he was unconcerned about its decline, triggering a broad rally in commodities and risk assets. Gold, silver, and equity futures surged ahead of a closely watched Federal Reserve decision.
Silver surged to a record $117 per ounce before pulling back toward $110, capping one of the most volatile episodes in precious metals history. Analysts say trillions of dollars in value shifted hands within hours, marking a defining moment for commodities markets.
Gold and silver hit record market capitalizations, reaching $35 trillion and $6 trillion, far surpassing major technology stocks.
Silver prices have surged to a record $108 per ounce, with Shanghai prices reaching $124, sharply outperforming bitcoin and producing one of the largest regional price gaps on record.
Silver reaches a historic $100 per ounce on select exchanges as demand for precious metals accelerates.
Silver jumped to a record $95 per ounce, rising 33% this year as U.S.-EU trade tensions fuel demand for safe-haven assets.
Global markets sold off sharply after President Donald Trump announced new tariffs on European imports, triggering a rush into safe-haven assets as equities and crypto assets tumbled.
The U.S. Mint has paused silver product sales as soaring metal prices force a revision of official pricing.
Citi forecasts gold rising to $5,000 and silver to $100 within three months amid supply tightness and surging safe-haven demand.