International Gold and Silver Market Cap Plummets Significantly

Odaily News International spot silver and spot gold prices plummeted intraday, breaking below the $100 and $5000 thresholds respectively. Data from Companiesmarketcap shows that the global asset market cap of silver shrank by 16.45% to $5.382 trillion, while the asset market cap of gold evaporated by 6.59% to $34.779 trillion. However, both still rank as the top two globally by market cap, with silver in second place remaining significantly ahead of third-ranked NVIDIA ($4.687 trillion). (Jin10)