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Spot Gold Falls 1.00% Intraday to $4,520.51 an Ounce

According to Gate, spot gold declined during intraday trading and was last quoted at $4,520.51 per ounce.

GT

Summary

Spot gold fell 1.00% during intraday trading and was last quoted at $4,520.51 per ounce, according to Gate. The move reflects a same-day decline in the price of physical gold tracked in spot markets, where assets are priced for immediate delivery.

Terms & Concepts
  • Spot price: The current market price for an asset available for immediate purchase or delivery.
  • Intraday trading: Price movement or trading activity that occurs within a single trading day.
  • Per ounce: A standard precious-metals pricing unit showing the value of one ounce of gold.