Silver Dives 30% to $83 While Gold Falls 10% to $4,700 Amid Margin Hikes – Blockonomi
TLDR: Gold dropped nearly 10% and silver 30% as margin hikes forced leveraged liquidations. Kevin Warsh’s nomination strengthened the US dollar, pressuring metals prices sharply. Silver rebounded 8% after intraday lows, showing oversold conditions correcting. Market reset removed weak positions, offering opportunities for disciplined investors. Gold and silver continue to face sharp volatility. Gold…