Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
The precious metals liquidity crisis wipes out $7.4 trillion 💥
#الذهب and #الفضة markets together lost an estimated $7.4 trillion in market value during the historic crash that began on January 30, 2026.
The main reason: Kevin Warsh's nomination for Federal Reserve Chair, which led to a sharp collapse in long speculative positions heavily concentrated in precious metals markets.
Gold:
Prices plummeted by 9-12% in one day, dropping from around $5,600 to a low of $4,700.
Silver:
Experienced its worst daily decline since 1980, falling by 26-31% to settle below $80 per ounce.
Concentrated trades are unwinding rapidly. Liquidity is disappearing even faster.
#Cold
#XAUUSDT
#XAG
$XAU
$XAG3L