Feb 02, 2026
Silver Dives 30% to $83 While Gold Falls 10% to $4,700 Amid Margin Hikes
TLDR: Gold dropped nearly 10% and silver 30% as margin hikes forced leveraged liquidations. Kevin Warsh’s nomination strengthened the US dollar, pressuring metals prices sharply. Silver rebounded 8% after intraday lows, showing oversold conditions correcting. Market reset removed weak positions, offering opportunities for disciplined investors. Gold and silver continue to face sharp volatility. Gold [...]
The post Silver Dives 30% to $83 While Gold Falls 10% to $4,700 Amid Margin Hikes appeared first on Blockonomi.
Source: Blockonomi →Related News
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