Big news in the markets today! Both silver and gold have seen a massive drop in price. Here is the simple breakdown:

​Silver Plummets: Silver prices fell by 20% in just one day. This is the biggest crash since 2008. It is now trading at $92.19 per ounce. 🥈📉

​Gold Tumbles: Gold also took a hit, dropping nearly 9%. It has fallen below the $4,900 mark. 🥇🔻

​The Reason: This "meltdown" happened as investors started taking their profits after a record-breaking run earlier this week. A stronger U.S. dollar also made these metals more expensive for buyers. 💸🏦

$XAG

XAG
XAGUSDT
85.36
-0.26%

$XAU

XAU
XAUUSDT
4,889.21
-0.25%