Gold, silver and bitcoin tumble as 'debasement' trade unwinds MarketsGold, silver and bitcoin tumble as 'debasement' trade unwindsPrecious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.By James Van Straten|Edited by Cheyenne LigonUpdated Jun 24, 2026, 3:26 p.m. Published Jun 24, 2026, 1:48 p.m. 2 min readMake preferred on Share Share this article Copy link X (Twitter) LinkedIn Facebook EmailMake preferred on Silver (TradingView) SummaryShow Gold has dropped 28% from its January 2025 peak of $5,600 per ounce, while silver has fallen more than 50% from its record high near $120. Bitcoin has gained roughly 30% against gold and 55% against silver since February, though all three assets continue to lag U.S. equities Markets are pricing in two 25 basis point rate hikes by March 2027. Gold and silver have both retreated sharply from their January 2025 highs, falling below key psychological milestones. Gold is down roughly 28% from its January peak of $5,600 and now trading below $4,000 per ounce, while silver has fallen more than 50%, slipping beneath $59 per ounce on Wednesday.
Published: June 24, 2026 1:48 pm
Source: CoinDesk — Read original