Gold and Silver Fall Sharply Ahead of the U.S. Open

The move erased about $680 billion from gold and roughly $110 billion from silver over the past three hours, according to the source.

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Terms & Concepts
  • Market capitalization: The total value of an asset class, calculated by multiplying price by total supply or estimated outstanding volume.
  • U.S. open: The start of regular trading hours in U.S. financial markets, often a period of heightened price volatility.