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Spot gold slips below $4,100 an ounce, down 1.61% on the day

Spot gold slips below $4,100 an ounce, down 1.61% on the day

The move took spot gold to $4,097.99, crossing a closely watched round-number level in intraday trading, according to Bybit market data.

Fact Check
The PANews source directly reports the exact claimed figures ($4,097.99, down 1.61%) attributed to Bybit market data. Odaily independently confirms spot gold broke below the $4,100 level on the same date, and Trading Economics confirms gold traded below $4,100/oz on July 8-9, 2026, falling for a second day. The specific intraday quote is exchange-specific (Bybit), accounting for small variations between data providers, but the substance of the claim is well corroborated.
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Summary

Spot gold fell below the $4,100-per-ounce threshold and was quoted at $4,097.99, marking a 1.61% decline on the day, according to Bybit market data. The drop pushed the metal through a widely watched psychological price level during intraday trading.

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