📉 Precious metals market takes a heavy hit! After CME raises margin requirements, all markets plunge:

1️⃣ New York silver futures drop over 9%, falling below $71
2️⃣ Spot silver plunges $5 in a single day to $71.14
3️⃣ Gold retreats $50 from high levels to $4323
4️⃣ Palladium falls 7%, platinum crashes 12% intraday

The margin increase directly withdraws leveraged funds, amplifying short-term liquidity shocks and volatility. The core purpose is market risk management to cope with extreme price fluctuations. This can be understood as an exchange's "cooling down" and "deleveraging" measures to prevent market overheating and excessive trading.

The market may be re-pricing Federal Reserve policy expectations, but sharp declines are often accompanied by structural buying points.

Note that silver volatility is significantly higher than gold, currently resembling a speculative sell-off rather than a trend reversal. Exercise caution when bottom-fishing, but you can start tracking changes in forward contract discounts.
#贵金属 # Silver Flash Crash