Last night, the market reacted inversely, with precious metal stocks and spot prices both hammered—Hecla Mining and First Majestic Silver fell over 4%, Pan American Silver nearly 4%, and even Barrick Gold dropped nearly 1%.
The spot market was even more intense: gold plunged 0.87% during night trading, and silver dropped sharply by 3.56%.
Looking at early trading data, gold remains steady around $4,459.53 per ounce with a slight rebound, while silver fluctuates around $78.
What's the core issue? Funds are fleeing, and market sentiment has changed. This is not just a technical correction but a signal that large capital is reallocating assets and re-pricing market risks.
In the crypto market, leading assets like $BTC and $ETH $SOL have shown recent movements that are worth noting for their correlation with traditional precious metals—reflecting a shift in risk asset sentiment.
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FOMOSapien
· 8h ago
Silver plummeted 3.56% overnight, this pace is quite intense, are funds really fleeing?
Wait, is MSCI's move paving the way for digital assets? It feels like the boundary between traditional and crypto is becoming increasingly blurred.
BTC and ETH's performance these past couple of days is definitely worth watching. Where are the safe-haven assets we were promised?
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ColdWalletAnxiety
· 01-09 02:20
Silver has fallen so much... probably about to bottom out
Big funds are really dumping, feels like the trend has shifted
BTC's performance these past two days has been truly strange, closely linked to precious metals
Such aggressive fund rebalancing, it's a bit unsettling
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ChainMaskedRider
· 01-08 09:10
Silver plunges 3.56%, funds are really fleeing, and the adjustment in precious metals is quite aggressive this time
Large funds are re-allocating, and it feels like BTC might follow suit in the next couple of days
Now even gold can't hold up? Risk pricing needs to be reset
Funds are reallocating and directly dumping, who would dare to buy the dip?
Silver has fallen so much, what is MSCI doing? Under observation
It's not surprising that gold is diving, the key is what will happen in crypto, that's the main point
Precious metals are undergoing a significant adjustment, it seems to be making way for crypto
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Deconstructionist
· 01-08 09:06
Silver plummeted 3.56%, it seems safe-haven funds are really flowing into the crypto space.
By the way, MSCI's recent move is quite interesting; digital asset treasury companies haven't been excluded. Big institutions have a keen sense.
Should BTC rebound in the next couple of days? Precious metals have been hammered so hard.
Fund reallocation is so brutal; yesterday's safe-haven darling is abandoned today.
Take this adjustment as a good opportunity to get in on crypto, as traditional finance is making room.
Silver was directly broken through, indicating that big funds are really eyeing new opportunities.
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LayerZeroJunkie
· 01-08 08:43
Precious metals are plunging so sharply, silver is dropping straight down, it feels like big players are switching tracks
Funds are really fleeing, should Bitcoin and Ethereum also follow the trend and surge in the next couple of days
MSCI is going to include digital asset companies? Is this rebalancing to make room?
Honestly, the correlation between precious metals and crypto is becoming more and more obvious. When risk appetite shifts, we really need to keep a close eye on it
Gold and silver crashing together, this rhythm feels a bit off
#MSCI未排除数字资产财库企业纳入范围 Precious metals collectively plunge, funds accelerate portfolio rebalancing
Last night, the market reacted inversely, with precious metal stocks and spot prices both hammered—Hecla Mining and First Majestic Silver fell over 4%, Pan American Silver nearly 4%, and even Barrick Gold dropped nearly 1%.
The spot market was even more intense: gold plunged 0.87% during night trading, and silver dropped sharply by 3.56%.
Looking at early trading data, gold remains steady around $4,459.53 per ounce with a slight rebound, while silver fluctuates around $78.
What's the core issue? Funds are fleeing, and market sentiment has changed. This is not just a technical correction but a signal that large capital is reallocating assets and re-pricing market risks.
In the crypto market, leading assets like $BTC and $ETH $SOL have shown recent movements that are worth noting for their correlation with traditional precious metals—reflecting a shift in risk asset sentiment.