What happened to the Gold and Silver rally?

Gold and silver have plunged as the rally in precious metals abruptly reversed. Gold fell almost 20% and silver 40% from peak to trough. It's a breakneck unwind of recent gains with precious metals reaching record highs as recently as last week.Elevated economic uncertainty, rising geopolitical risks, and limited hedging alternatives have all driven gold higher. Then there's the dollar angle. The use of the dollar as a political tool has driven central banks to diversify away from the dollar and into gold.M ...