- Kevin Warsh’s Nomination: As a more “hawkish” candidate compared to others, Warsh is seen as less likely to aggressively cut interest rates, which strengthened the U.S. dollar and lowered demand for dollar-denominated safe-haven assets.
- Profit-Taking and Correction: Following a, parabolic rise where gold briefly topped
$5,500$ 5 comma 500
$5,500
and silver reached over
$120$ 120$120
per ounce, investors rushed to lock in profits.
- Market Volatility: The rapid, record-breaking surge in prices created a highly volatile market environment where minor, negative triggers resulted in large, swift sell-offs.
Buygold yep, especially over these reasons
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