Biggest Crash in the History of Metals
Over $7.4 Trillion Wiped Out in Under 24 Hours
In what analysts are calling one of the most dramatic collapses ever recorded in the precious metals market, more than $7.4 trillion in value vanished in less than 24 hours. Gold and silver — assets traditionally viewed as safe havens during uncertainty — experienced a historic and violent sell-off that stunned global investors.
Silver ($XAG) led the collapse, plunging 32% to $77 per ounce, erasing nearly $2.4 trillion from its total market capitalization. The speed and magnitude of the drop rival some of the most chaotic commodity sell-offs in modern financial history.
Gold, represented by tokenized assets like $PAXG, also suffered a brutal correction. The metal fell 12.2% to $4,708, wiping out close to $5 trillion in market value. For an asset long considered a hedge against inflation and economic instability, the decline marked a shocking reversal of sentiment.
What Triggered the Crash?
Market analysts point to a combination of factors:
A sharp surge in the U.S. dollar
Expectations of tighter monetary policy
Heavy leverage across commodity markets
Rapid liquidation triggered by margin calls
When prices began to fall, automated trading systems and forced liquidations accelerated the drop. What started as profit-taking quickly turned into panic selling, creating a cascading effect across global exchanges.
Safe Haven — Or Speculative Bubble?
The crash has reignited debate over whether precious metals had become overcrowded trades after months of aggressive buying. With gold and silver reaching extreme valuations, even a small shift in macroeconomic expectations was enough to spark a massive repricing.
While some investors see this as a temporary correction, others warn it could signal the end of an extended metals bull cycle.
A Historic Moment for Markets
$XAU
$XAG
#crash #Metals