Trillions of capitalization have disappeared: The value of gold is rapidly falling

Photo: ayala_studio / istockphoto.com
полная версия на сайте

According to the profile-oriented media, gold continued its rapid decline on Wednesday, October 22. In just two days, the precious metal lost almost 8% in value.

Thus, more than $2.5 trillion of capitalization disappeared from the market.

This is the largest two-day drop since 2013.

EADaily previously also informed about how much Russia has earned on the rise in gold prices.