Gold's volatility is up to 2008 levels: The volatility index of the gold ETF, $GLD, relative to the volatility index of the 20+ Treasury Bond ETF, $TLT, hit 2.7 points, the highest since 2008. This ratio has DOUBLED since November. This comes as $GLD's VIX Index is up to 33.1 points, the highest since the 2020. At the same time, $TLT's VIX Index is down to 12.1 points, near the lowest since 2019. Furthermore, gold 3-month minus 1-year implied volatility reached the highest level since 2022. This shows traders expect significantly larger near-term price swings in gold. Precious metal volatility is set to continue.$XAU
Silver just swung nearly $2 TRILLION of market cap in 14 hours.
Between 9:00 AM ET and 1:00 PM ET, silver added +$500 billion of market cap.
Then, between 1:00 PM ET and 4:30 PM ET, silver lost -$950 billion.
Then, between 4:30 PM ET and 10:30 PM ET, silver added back +$500 billion of market cap.
Silver is quite literally throwing around Bitcoin's entire market cap in a matter of hours. The current situation in silver will be referenced for decades to come.$XAG
"BREAKING: Gold and silver erase -$1.7 trillion of market cap in 90 minutes in one of the largest reversals in history." seems it may have been over bought.$XAU $XAG
gold and silver has always been less volatility hence less risk to traders and most readable compared to crypto assets like btc $XAU $XAG can't say same for $XRP but it surely has potential