🔥 From Safe Haven to Stress Test: Gold and Silver Under Fire 🔥
Tracking precious metals amidst the fierce sell-off hitting U.S. stocks and cryptocurrency markets, as gold and silver prices continued their decline during Thursday's trading.
🟡 Gold fell by about -1.35% during the day,
⚪ while silver took a harder hit, with losses nearing -10%, making gold's drop seem calm in comparison.
📉 What we are witnessing is not just a fleeting correction, but a real test of precious metals' role as a safe haven in an environment dominated by:
Rising yields
Tightening liquidity
Broad selling across various asset classes
💬 The question now:
Is this drop a smart accumulation opportunity or has the pressure not yet subsided?
