A single decision in Washington detonated a crowded safe-haven trade, turning gold and silver from market shelters into the epicenter of a global risk unwind almost overnight.
Gold and silver have long been the markets’ emotional barometers — assets that surge on fear, inflation, anxiety, and political uncertainty, and tumble when those worries suddenly evaporate. Over the past week, that emotional pendulum has swung violently.
A historic rally in precious metals reversed with breathtaking speed, sending tremors through global equities and triggering margin calls from Seoul to Shanghai, all catalyzed by a single political decision in Washington.
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Written by George Tchetvertakov
Published by TipRanks
