03 Feb 2026 | 5 Mins Read
Gold and Silver Markets Wipe Out $7 Trillion, Investors React
Flipitmoney
Global banks and analysts believe the gold bull market remains intact despite a recent correction eroding $7 trillion in value. The fall in gold prices is attributed to a "leverage-driven break" rather than a collapse in demand. Key figures: - A mid-to-late stage bull market in gold, according to UBS. - Leverage being flushed out, leading to easing selling pressure and improved liquidity.