Gold, Silver Spot Prices Both Drop 3%
JH Kim
Summary
- Spot international gold fell about 3% from the previous session to $4,464.15 an ounce.
- Spot silver also dropped 3% to $67.09 an ounce.
- Both gold and silver were down around 3% during the session, with selling pressure building in the precious metals market.
Forecast Trend Report by Period
International gold and silver prices fell in tandem on Aug. 28.
Walter Bloomberg reported that spot gold extended its decline to $4,464.15 an ounce, down about 3% from the previous session.
Spot silver also fell 3% to $67.09 an ounce.
Both metals were down about 3% during the session, indicating broader selling pressure in the precious metals market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.