Spot gold and silver fall 3% on Aug. 28

  • Spot gold and silver both fell about 3% on Aug. 28.
  • Gold reached $4,464.15 an ounce, while silver dropped to $67.09.
  • Both metals declined around 3% during the session amid broader market selling.

Spot international gold fell about 3% from the previous session to $4,464.15 an ounce on Aug. 28, while spot silver declined 3% to $67.09. Both metals were down around 3% during the session, pointing to broader selling pressure across the precious metals market. Walter Bloomberg reported the move. The item was attributed to JH Kim and used a Shutterstock photo.

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