The crash, which happened to gold as a result of Switzerland's decision to link its currency to the euro in the currency of the European Union

Switzerland's decision to link its currency to the euro in the currency of the European Union led to a decline in gold prices on Tuesday, causing shock in the global markets and the payment in Swiss francs to the landing, which made the price of gold against the franc, the biggest daily gain in three years. And the Swiss central bank said today that it sets the target for the exchange rate at SwF 1.20 against the euro and the courts will impose through the purchase of unlimited amounts of foreign currency.
The Swiss franc fell more than 7% against the dollar and by more than 8.5% against the Euro while the franc-denominated gold more than 7%
The price of gold in the spot market 0.5%, after rising earlier in the day to a record 1920.30 dollars an ounce, fell Silver 1.4% to 42.28 dollars an ounce, down platinum 0.9% to 1864.35 dollars an ounce, while stabilized palladium at approximately 761.38 dollars an ounce.