Gold and Silver Flash Crash: Gold Price Plunges Over $100, Analysts Warn of Volatility Entering 'Dangerous Stage'

BlockBeats News, January 30th, after a continuous surge, the precious metals market suddenly slammed on the brakes. Gold quickly fell back from above $5600 per ounce, plunging below $5200 at one point during the Asian session, with a single-day drop of over $100; silver followed suit. This adjustment was accompanied by a selloff in the US stock market and a rebound from the phase lows of the US dollar.

Analysts at Shengbao Bank warned that the rapid rise in gold and silver has entered a high-risk stage, and increased volatility may trigger liquidity contraction. Nevertheless, gold prices have still risen by about 20% this year and are expected to post the largest monthly gain since 1980.

Silver prices briefly surged above $120 per ounce before retreating on Thursday. Following an astonishing rebound in 2025, this precious metal has risen by about 50% so far this year. Analysts at JPMorgan pointed out earlier this month: "Although the silver price has significantly exceeded our forecast mean, when the market shows almost parabolic price momentum, attempting to 'call the top' is almost impossible."