Since the start of the US-Iran conflict, silver has retreated by approximately 18% from its high, while gold has retreated by approximately 5.3%.

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On March 5th, according to Bitget data, spot silver experienced a short-term plunge, currently trading at $80.48 per ounce, a daily decrease of 2.81%. Spot gold is currently trading at $5132 per ounce, down slightly by 0.17% on the day.

Silver has retreated by about 18% from its high of $98/oz since the start of the US-Iran conflict, while gold has retreated by about 5.3% from its high of $5420/oz since the start of the US-Iran conflict.

According to PolyBeats , the probability of spot gold falling below $5,100 per ounce by the end of March has risen to 71%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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