The precious metals liquidity crisis wipes out $7.4 trillion 💥
#الذهب and
#الفضة markets together lost an estimated $7.4 trillion in market value during the historic crash that began on January 30, 2026.
The main reason: Kevin Warsh's nomination for Federal Reserve Chair, which led to a sharp collapse in long speculative positions heavily concentrated in precious metals markets.
Gold:
Prices plummeted by 9-12% in one day, dropping from around $5,600 to a low of $4,700.
Silver:
Experienced its worst daily decline since 1980, falling by 26-31% to settle below $80 per ounce.
Concentrated trade