WS #16599
Gold and silver have crashed below key psychological levels, with gold down 1.94% and silver down 4.96%. Desk reads indicate this is not a lack of safe-haven demand but rather forced margin liquidation from the broader tech and crypto selloff. The correlation between gold and risk assets has temporarily inverted, highlighting the liquidity crunch in the system. This liquidation is expected to persist until volatility stabilizes.
Precious Metals Liquidation
Gold and silver have crashed below key psychological levels, with gold down 1.94% and silver down 4.96%. Desk reads indicate this is not a lack of safe-haven demand but rather forced margin liquidation from the broader tech and crypto selloff. The correlation between gold and risk assets has temporarily inverted, highlighting the liquidity crunch in the system. This liquidation is expected to persist until volatility stabilizes.