Gold and silver defined the market narrative in 2025. In 2026, that narrative is being tested.
Despite rising geopolitical tension and escalating conflict in the Middle East, precious metals have sold off sharply, breaking one of the most consistent patterns in financial markets.
Instead of acting as a safe haven, gold and silver have moved lower as investors reassess the macro backdrop.
A Sharp Reversal After a Historic Rally
The sell-off has been aggressive.
Gold recorded its worst weekly decline since 1983, falling 11% in a single week and extending its losses to. . .
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