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Spot Gold Falls Below $4,720, New York Futures Drop Under $4,750

According to Gate data cited by Jin10, spot gold declined 0.78% on the day while New York gold futures recorded a steeper 1.31% intraday fall.

GT

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Terms & Concepts
  • Spot market: A market where assets are bought or sold for immediate settlement at the current price.
  • Futures contract: A standardized agreement to buy or sell an asset at a set price on a future date.