Precious Metals Volatility Sparks Market Turbulence
On February 2, Jin10 reported that sharp swings in gold and silver prices have disrupted the commodities market. Seo Sang-Young, an analyst at Seoul Mirae Asset Securities, highlighted that the volatility triggered liquidity shocks and margin calls among institutional investors, contributing to a steep stock market decline.
Christopher Wong, strategist at Singapore’s OCBC Bank, noted that the sell-off is driven by both technical factors and market sentiment. Despite the recent price correction, sensitivity to the U.S. dollar, yield adjustments, and Federal Reserve policy uncertainty remains high. Margin-related selling and triggered stop-loss orders have further intensified the downturn.
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