Spot gold drops more than $20 in the short term, while spot silver falls below $71 per ounce.

Odaily Planet Daily News. According to Gate data, spot gold has fallen more than $20 in the short term, with the latest price at $4,625 per ounce. Silver futures in New York are down 3.00% on the day, currently at $70.66 per ounce; spot silver has pulled back to below $71 per ounce, down 2.46% intraday.

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