Gold Price Free-Falling: The Golden Standard is Being Tested

A massive $1.5 trillion in market capitalization has vanished from the bullion market as the spot gold price collapses below critical support levels. Trading at $4,435 USD, the precious metal is down 1.3% in the last 24 hours, extending a brutal monthly decline of over 13%. This sell-off signals a sharp reversal in safe-haven demand, or perhaps forced liquidation, catching commodities traders off guard as volatility …