The past 24 hours have been brutal across global markets, with a sharp sell-off wiping out trillions in value. Gold plunged nearly 11%, erasing about $4.1 trillion, while silver collapsed over 21%, signaling intense pressure on precious metals. Industrial metals like copper also fell hard, reflecting growing fears of slowing economic demand. Cryptocurrencies weren’t spared either, as Bitcoin and Ethereum shed billions amid risk-off sentiment. Even traditional equities felt the shock, with the S&P 500 and Nasdaq sliding as investors rushed to reduce exposure. Overall, the synchronized drop points to widespread uncertainty and panic-driven selling across asset classes.
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