Today, 03/03/2026, the precious metals market continues to experience strong fluctuations:
Spot gold drops sharply to 5,098 USD/oz (-2.1% in 24h)
Silver drops sharply by more than -9.8%, currently around 78.4 USD/oz
Despite rising tensions between the U.S. and Iran, rising Treasury yields, and high geopolitical risks, money is still decisively flowing out of gold/silver. This is a rare phenomenon as precious metals are usually considered a "safe haven."
Main reason:
Take profit after a hot streak (gold previously touched 5,625 USD)
Rising U.S. bond yields make gold less attractive
Investors are shifting to cash waiting for clear signals from the Fed
Is money shifting to Crypto?
Currently unclear. BTC has also dropped to around 68,500 USD, ETH and altcoins have dropped deeper.
Short term: Liquidity is tightening, all risky assets are under pressure.
Long term: When the Fed cuts interest rates, gold will rebound, but crypto (BTC & ETH) has the potential to rise stronger due to scarcity and institutional adoption.
What are you doing in this fiery market phase? Holding BTC, buying the dip in gold, or switching to stablecoins waiting? Comment to share! 📉🟡
#CreatorpadVN $BNB @binance_vietnam