Spot gold fell more than 2.1%, and U.S. stocks dropped below 3170 at the close, with silver also falling more than 2%.

On Wednesday, the closing price of spot gold in New York fell by 2.14% to $3180.90 per ounce. During the day, it fluctuated narrowly around $3240 near the flat market before 20:00 Beijing time, and then began to significantly increase the decline, hitting a daily low of $3168.18 at 03:02. COMEX gold futures fell by 1.91% to $3185.70 per ounce. It also fluctuated narrowly around $3240 near the flat market before 20:00, and then significantly declined, starting a low-level fluctuation before 22:00. The Philadelphia Gold and Silver Index dropped by 2.27% to 175.36 points. Spot silver fell by 2.13% to $32.2265 per ounce, with a significant plunge at 20:00. COMEX silver futures fell by 2.23% to $32.370 per ounce. COMEX copper futures fell by 1.72% to $4.6420 per pound.