黄金、白银，继续大跌！

Group 1 - The precious metals market experienced a significant crash, with spot gold dropping 9.25% to $4880.034 per ounce, and intraday lows reaching $4682 per ounce, while spot silver fell 26.42% to $85.259 per ounce, with intraday declines of 35.89% [2] - The cryptocurrency market also faced severe sell-offs, with Bitcoin dropping 10% over the weekend, hitting a low of $75709.88, marking a return to levels not seen since April 2025 [2] - Analysts indicated that the sell-off was triggered by the nomination of Kevin Warsh as the Federal Reserve Chairman by President Trump, which not only impacted cryptocurrencies but also reversed the upward trend in gold and silver prices, undermining market bets on dollar depreciation [2] Group 2 - Mark Wilson, head of Goldman Sachs' trading division, stated that despite recent market volatility, investors should not overreact to the "position cleaning," as the core drivers of the market have not changed significantly [3] - Although gold prices have shown signs of "bubbling" and experienced a substantial pullback, the overall market conditions remain intact, with current gold price levels indicating negative real interest rates in the U.S. [3] - Demand for gold and silver persists despite price drops, with some investors taking advantage of the dip to buy physical gold, and the narrative of a "weak dollar" continues to support gold and silver prices [3]