Capacitance goes up by electromagnetic fields passing through material that tries to act like a dialectic.
Inductors look like this. They can hold capacitive charges. The more cross sectional area the more inductance. But reduction in length does mean less inductance.

Sure, DoS - that is an inductor!

But 2 wires twisted together don't look anything like that. If I can explain my point about inductance going down with proximity of 2 wires vs. capacitance going up, a bit further:
* with speaker cables, there can be high currents flowing.
* inductance acts as a "brake" on current - which is obviously a bad thing.
* so extremely low inductance is the best for speaker cables.
* hence, some mfrs introduced braided cables a few decades ago.
* however, the resulting high capacitance can drive certain power amps to self-destructive oscillation - so some amps need to use cables with low capacitance ... and, hence, higher-than-ideal inductance.
Old Naim amps were like this - they needed to have a certain amount of inductance on their output terminals - which was provided by 5m of Naim NAC-5 speaker cable.
Regards,
Andy