Binance’s CZ: Metals Drop Proves Any Asset Vulnerable To Swings, Bitcoin Is ‘Still Early' - Gold.com (NYSE:GOLD)
14 Articles
14 Articles
Binance’s CZ: Metals Drop Proves Any Asset Vulnerable To Swings, Bitcoin Is ‘Still Early' - Gold.com (NYSE:GOLD)
In the wake of a significant drop in gold and silver prices, Binance founder Changpeng Zhao has offered his insights on the future of Bitcoin (CRYPTO:
Sharp Declines Hit Gold and Silver Amid Global Liquidity Crunch
Gold and silver markets experienced steep declines during weekend trading, in a sudden move that defied prevailing expectations of higher precious metal prices amid rising geopolitical risks and continued central bank purchases. Prices recorded losses exceeding 10% in some sessions, marking one of the most severe short-term sell-offs in recent periods.
Most investors see them as a refuge in times of uncertainty and constant upheaval. That is why the speed and magnitude of yesterday's collapse in the prices of gold and... The shock of 7 trillion dollars: How safe gold and silver sank in one day - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
The sudden plunge in gold and silver prices has ended a months-long rally. Analysts warn that the triggers were political signals from Washington, a strengthening dollar, and previously overheated market technicals.
The precious metal market is in shock: after an unprecedented rally, gold and silver suddenly come under massive pressure. Only recently on record levels, the abrupt price collapses are now triggering violent turbulence on the metal markets. A strongly over-extended rise, a stronger US dollar and the uncertainty about the monetary policy of the US Federal Reserve Fed drove investors into the defensive – [...] The post gold and silver in turbulen…
Investors and traders around the world are in shock as more than $3 trillion in gold and silver disappeared in minutes. Gold and silver prices have fallen sharply after hitting record highs in recent weeks. Analysts attribute the sudden decline to profit-booking, speculation and global uncertainty. Some investors are questioning whether the decline was natural or entirely manipulative. Geopolitical tensions, Federal Reserve decisions and rising …
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