Gold-Silver Crash: $2 Trillion Wiped Out in Hours, Is Gold No Longer a Safe Haven?

• Gold and silver experienced a sudden, sharp decline, losing approximately $2 trillion in value within hours.
• This unusual drop occurred despite geopolitical tensions, typically a period when precious metals rise.
• The primary reason cited is the surge in US bond yields, making non-interest-bearing assets like gold less attractive.
• Forced selling by large investors to cover losses also contributed to the rapid price fall.
• Gold is now behaving more like the stock market, tracking equities, challenging its traditional safe-haven status.