Gold, Silver Prices Plummet: Bubble Bursts Amid Global Tensions, US Bond Yield Surge

• Gold and silver prices experienced a sudden bubble burst, plummeting by the hour despite rising global tensions.
• The metals lost approximately $2 trillion in market value in just a few hours, a rare occurrence during wartime.
• Rapidly increasing US bond yields, particularly the 10-year Treasury yield, are a primary reason for the decline, drawing investors away from gold.
• Forced liquidation by large investors to cover losses or meet margin calls is accelerating the downward trend.
• Gold is now behaving like a risk asset, moving with the stock market, indicating a shift from its traditional safe-haven status.