Key TakeawaysPrecious metals experienced a sharp sell-off, with Spot Silver plunging over 5% to $68.97/oz and Spot Gold dropping 2% to $4,556.90/oz.The Pentagon is deploying thousands of additional Marines and three warships to the Middle East following claims by Iran that recent strikes failed to halt its weapons production.UK 10-year Gilt yields surged 16 basis points to reach 5%, marking the first time the benchmark has hit this level since 2008.Market expectations for monetary tightening have shifted, w ...