Spot gold retreated significantly in recent trading, sliding beyond $30 per ounce to settle at $4,822.95/oz as market participants reassess positions. Meanwhile, precious metals faced broader pressure, with spot silver dipping under the $93 threshold, down 1.65% for the session. The pullback in spot gold reflects shifting sentiment in the commodities complex, underscoring the volatility characteristic of bullion markets. (Data source: Jinshi via TechFlow, Jan. 21)
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Spot gold retreated significantly in recent trading, sliding beyond $30 per ounce to settle at $4,822.95/oz as market participants reassess positions. Meanwhile, precious metals faced broader pressure, with spot silver dipping under the $93 threshold, down 1.65% for the session. The pullback in spot gold reflects shifting sentiment in the commodities complex, underscoring the volatility characteristic of bullion markets. (Data source: Jinshi via TechFlow, Jan. 21)