Spot gold briefly slid about $50 and fell below $4,400 an ounce, trading at $4,399.40 in the newer market update after being quoted at $4,399 in the earlier report. According to Bybit market data cited by PANews on August 13, bullion was still up 0.71% on the day despite the drop, indicating the move came amid broader intraday gains and a short burst of volatility in the spot market.