Gold continued its decline during today's trading, briefly falling below the $4,000 per ounce level before paring some of its losses and stabilizing near $4,003 per ounce.

This decline led to a drop in gold's market capitalization of about 3.87% over the past 24 hours, representing losses of nearly $1.1 trillion from the total market value of the precious metal, according to Bull Theory.

Silver also came under heavy selling pressure, with its price falling below $60 per ounce, dropping 9.18% over the past 24 hours, resulting in a loss of about $400 billion in its market value.

Despite gold's status as a safe haven, it often declines during violent selling waves in financial markets, as some investors resort to liquidating various assets to provide liquidity or cover their investment positions.

The recent moves coincided with sharp volatility in U.S. stock markets, where selling in artificial intelligence stocks raised investor concerns about high valuation levels, before markets regained some balance in Wednesday's session.

In this context, controversial investor Robert Kiyosaki, author of 'Rich Dad Poor Dad,' considered the decline in gold prices to be 'great news' for investors, stressing that he is waiting for technical signals indicating a trend reversal before increasing his purchases of the yellow metal.
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