TechFlow News, February 5: Spot silver plummeted 14% today, breaking below $76 per ounce. Spot gold also fell below $4,840 per ounce, posting an intraday decline of over 2.5%. Weaker market risk-aversion sentiment, a stronger U.S. dollar, and stable U.S. Treasury yields collectively drove the sharp pullback in gold and silver prices. Meanwhile, legendary investor Ray Dalio continues to strongly endorse gold, calling it the safest currency—especially amid rising global economic uncertainty. Dalio maintains that gold’s long-term role as a hedge remains unchanged by short-term volatility and recommends investors retain gold allocations within diversified portfolios.
BiyaPay analysts note that despite the sharp volatility in gold and silver, markets still face significant uncertainty. Against this backdrop, BiyaPay offers users a diversified suite of financial products—including USDT-based trading of Bitcoin and other cryptocurrencies, U.S. equities, and Hong Kong equities—to facilitate cross-border transactions, real-time remittances, and asset management. Through flexible digital currency tools, users can navigate market volatility and sustain asset growth.
