$6 trillion lost in 30 minutes, world stunned

News Australia ^ | 01 30 2026 | Ben Graham

[yesthatjallen]

High-flying gold and silver took a staggering hit in overnight trading with the precious metals losing roughly $6 trillion in just 30 minutes — as oil prices surge over fears over Iran.

Gold tumbled back after hitting a new record at $5,595.47 an ounce as investors rushed to assets deemed safe, including silver, which reached its own record of $120.44 an ounce.

The dollar steadied after losing ground most of this week.

Gold declined more than five per cent and silver plunged more than eight per cent, while copper and nickel prices also fell, as traders reassessed the market.

“The parabolic rally had to come to an end,” as commodity prices had “gone up too far, too quickly”, Kathleen Brooks, research director at XTB trading group, told AFP.

Demand for the precious metals is also being spurred by worries about the weakening dollar, sparked by speculation that US President Donald Trump is happy to see the world’s reserve currency weaken despite the potential risk of pushing up US inflation.

SNIP

[yesthatjallen]

Who Is “The Asian Guy”? Examining the Silver Market Claims Behind the Viral Phenomenon

[PeterPrinciple]

roughly $6 trillion in just 30 minutes

---

made in a few weeks, lost in 30. net is .................

but there were winners and losers. who were they?

[Eccl 10:2]

Gold: History’s biggest and longest lasting Ponzi scheme.

[Texas Eagle]

Funny there was never any mention how many trillions of dollars was (were?) gained as gold ascended.

[abb]

Turn those machines back on!!!

[Steven Tyler]

lot’s of paper profits got vapourized.
mebe the shorts realized gains to offset prior days losses

[mikey_hates_everything]

Lost? The sellers got the $6T.

[Wuli]

The total paper losses may be $6 trillion, but real losses were incurred only on gold purchased most recently in it’s parabolic rise. Long time holders of gold did not have a big piece of the $6 trillion loses. Most of their holdings still have market value above what they paid for it.

[DoodleBob]

From 1975-2020, gold had an average annual return of 5.21%, so an initial $10,000 investment in gold would have grown to $102,103. Bonds grew by an average of 6.65%, turning a $10,000 investment into $190,449, while stocks had an average annual return of 12.06%, increasing that initial investment to $1,828,530.

During that time, gold had more volatility/a standard deviation of 5.38, compared to 1.15 for bonds and 4.34 for stocks.

To help understand the risk extremes of gold versus stocks and bonds, it's worth looking at the returns for each respective category's worst 5-year, 10-year and 20-year time periods since 1975, which are as follows:

• Gold: -14.69%, -5.99%, -4.34%

• Bonds: +0.54%, +1.83%, +3.66%

• Stocks: -6.63, -3.43, +4.79

Bulls and bears make money, pigs get slaughtered.

Enjoy the run, Goldies. Nothing lasts forever.

[rollo tomasi]

Rug pull using precious metal ETFs. Some enity(ies) needed a lot of cash flow quickly. Volatility/greed is like shooting fish in a barrel for these entities setting up the scam.

[piasa]

The pro-Russia trolls here were trying to persuade everyone to buy precious metals last week so it was probably Russian speculators cashing in on what they had been pushing all this time.

[Leaning Right]

> Gold declined more than five per cent and silver plunged more than eight per cent <

Well, okay. But I’m not going to suspend my search for precious metals in my backyard. He who laughs last, laughs best.

[blitz128]

Amazing, fears of “instability “ in the Middle East, I am shocked 😳
With that said Iran is a minor player now, if liberated, just like Venezuela will become powerhouses.

Just the normal squirrel moment, and gold and silver were flying high on emotions not facts

[Fido969]

[ssfromla]

Turn those machines back on!!!

ROFL

[Texas Eagle]

World stuned. This is hugh and series. Women and children hardest hit. 🤧

[pingman]

Silver is not far behind. My dealer claimed the “structural” shortage” line is hype, and that no US refiners were buying pre-65 coins, only sterling and .999, at a very high discount to spot

[NorthMountain]

Whoever SOLD all that metal sure made out.

Lessee, here ... I sell Mr. Smith a bunch of silver for $1000. He gives me $1000, I give him some metal. All fair and square, right?

Then, for whatever reason, the “market value of silver’ drops by 25%. I still have the $1000, he still has the silver ... but it’s only “worth” $750.

So what, exactly, has been “wiped out”? My $1000 certainly hasn’t. His pile of silver hasn’t, either.

[Jonty30]

As I come to understand the market, there are big players out there who can drive prices down and then buy the stock or commodity when they have caused to fall to a low point.

I think that is basically what may have happened.

[Jonty30]

This may also be AI controlled trades, because computers can buy or sell in billions amount very quickly.