Major Decline in Metals Market 📉

The metals market experienced a significant downturn, with an estimated $7.4 trillion erased in less than 24 hours. This sharp event impacted major precious metals.

Silver faced a severe crash, plummeting -32% to $77. This significant decline wiped out nearly $2.4 trillion from its market capitalization.

Gold also saw a substantial fall, dropping -12.2% to $4,708. This resulted in approximately $5 trillion being erased from its market cap, contributing to the overall market losses.