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Gold Crashes 7% to $4,515/oz as Silver Nosedives 14% to $73—$4T Market Cap Evaporates

Gold Crashes 7% to $4,515/oz as Silver Nosedives 14% to $73—$4T Market Cap Evaporates

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2026-02-02 07:10:44

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Gold slips 7% to $4,515/oz as silver plunges by 14% to $73 with over $4T wiped off market cap

Precious metals get hammered—gold and silver investors left bleeding as markets panic.

Gold's safe-haven status? Questionable after a 7% freefall to $4,515/oz. Silver fared worse—plunging 14% to $73 like a crypto altcoin in a bear market.

Total carnage: Over $4 trillion wiped from market cap. Traders now scrambling for cover—or maybe just another leveraged short.

Funny how 'store of value' assets crumble faster than a DeFi protocol under audit. Maybe stack Bitcoin next time?

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