Today's 3% drop in $XAU
XAUUSDT
Perp
4,514.42
+0.36%
gold and $XAG
XAGUSDT
Perp
70.43
+0.85%
silver, despite Middle East escalations, stems from aggressive profit-taking after record highs and a surging U.S. Dollar. Investors are also liquidating positions to raise cash for higher margin requirements as market volatility spikes. $PAXG
PAXG
4,519.84
+0.50%