VÀNG GIẢM KỶ LỤC - TẠO ĐỈNH HAY CHƯA? #trump #gold #fypシ

Key Concepts:

• Gold price peak
• Supply shock
• 12-year low in supply
• Gold and silver price drop
• Profit-taking by investors
• October 21st trading session
• 6.3% gold price decrease
• 8.7% silver price decrease
• 2013 price drop comparison

Gold Price Peak and Supply Shock

Bin Gross, referred to as the "King of Bonds," has stated that the price of gold has reached its peak. This assertion is supported by a significant supply shock, described as the strongest in 12 years. The transcript notes that after several weeks of anticipation, the market has indeed seen gold form a peak and is now susceptible to a potentially sharp decline at any moment.

Recent Price Declines in Gold and Silver

The past week has witnessed the predicted price movements. Specifically, during the trading session on October 21st, gold prices experienced a substantial drop, reaching a decrease of up to 6.3%. This represents the most significant single-day price reduction observed since 2013. Concurrently, silver faced even greater downward pressure, with its price plummeting by 8.7%.

Investor Profit-Taking as a Driving Factor

This dramatic price action is attributed to investors engaging in widespread profit-taking. Following a period of what is described as "crazy" price increases, investors have apparently decided to liquidate their holdings in both gold and silver to secure their gains.