@jolyon🚨📉 GOLD AND SILVER ARE GETTING CRUSHED!!! Spot gold is down nearly 4% while silver has plunged around 5%, as the U.S. 10-year Treasury yield pushes to levels not seen since 2007. Higher yields are hammering precious metals by making non-yielding assets less attractive. The reported damage: roughly $1.2 TRILLION wiped from gold and silver’s combined market value in a single day. Even traditional safe havens aren’t escaping the bond-market shock... 😳 Source: Trading View / Writer: Samuel #TradingView

@jolyon🚨📉 GOLD AND SILVER ARE GETTING CRUSHED!!! Spot gold is down nearly 4% while silver has plunged around 5%, as the U.S. 10-year Treasury yield pushes to levels not seen since 2007. Higher yields are hammering precious metals by making non-yielding assets less attractive. The reported damage: roughly $1.2 TRILLION wiped from gold and silver’s combined market value in a single day. Even traditional safe havens aren’t escaping the bond-market shock... 😳 Source: Trading View / Writer: Samuel #TradingView