💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Gold Prices Plummet After Losing US$2.4 Trillion in Two Days
The global gold market recorded a loss of around US$2.4 trillion in just the last 48 hours, according to TradingView, Wednesday (22/10). Furthermore, the global gold market continued to plummet after a day earlier it dropped around 6.3% in one trading day, marking the largest decline since April 2013.
The decline in gold prices, known as a safe haven asset, is usually triggered by fundamental changes in global monetary policy and investor sentiment.
This is in line with the strengthening of the US dollar and speculation regarding global central bank policies. Furthermore, the market is currently awaiting certainty on whether this decline is only short-term or long-term.
Then, the missing US$2.4 trillion is equivalent to the gross domestic product of (PDB) of several major countries, which shows how severe the losses have occurred in a very short time.