Gold and silver hit hard: risk aversion cools down, funds loosen
Precious metals have clearly cooled down in the past two days.
Gold has fallen for two consecutive days, at one point plummeting nearly 150 dollars during trading, ultimately closing down 2.27%; silver broke below 72 dollars, closing down 4.1% for the day. The previously concentrated risk-averse funds are starting to loosen, and high-priced holdings are being realized.
This wave of decline is more about the rebalancing of funds after the cooling of sentiment, rather than a sudden collapse of logic. As long as the actual interest rates, dollar trends, and liquidity environment do not undergo a directional reversal, it is difficult to define it as the end of a trend.
Silver's volatility is inherently amplified; it rises sharply and falls quickly. Gold has entered a phase of consolidation and digestion.
In simple terms:
Risk aversion is cooling down, but the risk has not disappeared.
The market is simply moving from frenzy back to rationality. #黄金白银