Gold & Silver Crash —💥

📉 Gold plunged ~11–12% in a single day — among the worst drops in decades

📉 Silver crashed up to ~36% intraday, an extremely rare, near-historic move

⏱️ Timing shock: Collapse came right after both metals hit record highs

🏦 Fed shock: Sudden shift in rate-cut and monetary policy expectations

💵 Strong USD rally added heavy downside pressure on precious metals

📊 Mass profit-taking after an extended, overheated rally

⚠️ Leverage wipeout: Futures and margin positions got liquidated fast

🧨 Forced selling across ETFs and derivatives accelerated the fall

📉 Not a correction: This was a full-scale crash, not a normal pullback

🌍 Market impact: Added fuel to the broader global risk-off sentiment$XAU