Trading Friendly Co

Something unusual is happening in the precious metals market right now.
In just 3 hours, gold and silver lost about $2 trillion in total value.
At the same time, oil prices have lost their gains for the day, and US stock market futures are turning positive.
Since the Iran war started, whenever oil and stocks moved like this, gold prices usually went up.
But this time, the opposite is happening.
So, what’s going on?
These sudden price changes may mean that a big investor is being forced to sell their positions (liquidation).
More importantly, the yield on the 10-year US Treasury bond has been rising. It is now around 4.40%, up by 0.45% in the last 3 weeks. This is putting pressure on different markets.
Also, traders may be getting tired of constant news, and there is low liquidity (less buying/selling activity) in some areas.
Because of this, prices are making large and sudden moves in both directions.
Overall, something significant is happening in the metals market right now.