Recently, investors have flocked to traditional safe-haven assets like gold and silver, while digital alternatives like bitcoin have struggled to maintain momentum. However, even the metals market has felt the effects of recent volatility.

Over the last year, gold has risen 56% in value, as measured by the benchmark SPDR Gold Shares (GLD) ETF. Silver has increased even more, jumping 62.6% over the past year and up 78.4% year-to-date, according to the iShares Silver Trust (SLV).

But in the past week, both metals have moved in the opposite direction. Gold has fallen 2%, while silver has dropped 5%. What’s behind the sudden drop in value — and how is bitcoin stacking up?

The why behind the drop

“A drop of more than 5% is rare,” Alexander Stahel, a resource investor in Switzerland, told Y

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