Gold saw a sudden intraday pullback, leading to an estimated $1.79T swing in implied market cap within ~40 minutes as prices dropped quickly from recent highs.
What drove the move:
âą đ Sharp rejection near local highs
âą đ° Aggressive profit-taking + algorithmic selling
⹠⥠Thin liquidity magnified volatility
Key context (important):
âą This reflects implied market cap movement (price Ă global gold supply), not actual cash losses
âą In a $30T+ asset, even small % moves translate into massive paper swings
Bottom line:
Extreme volatility is back. Even traditional safe havens like gold are experiencing fast, aggressive price moves â a clear signal of broader market stress.

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