silverandgoldcrashes

$XAU
Silver plummeted up to 16.6% to roughly $76/oz, while gold slid 3.5% to $4,859. $XAG
The crash was fueled by a strengthening US Dollar following Kevin Warsh’s nomination as Fed Chair and aggressive margin hikes by the CME. Investors are now deleveraging as they await clarity from upcoming central bank meetings.
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