According to Bitget market data cited by BlockBeats, spot gold fell below $4,400 for the first time since March 27 on May 28, while spot silver extended losses to $72 per ounce.
Precious metals declined across May 27 and May 28, with silver and gold both under pressure. Bybit reported that spot silver fell more than 4.00% intraday to $73.84 per ounce on May 27, while New York silver futures touched $74 and were down 3.43%. On May 28, BlockBeats, citing Bitget market data, said spot silver fell 3.54% to $72 per ounce, and spot gold dropped to $4,375.65 per ounce, down 2.00%. A separate Bitget update said gold’s move took it below $4,400 per ounce for the first time since March 27, with the daily decline described as more than $50, or 1.25%.