The price of gold rose by over 1.8% to approach the $3,300 mark, and the Philadelphia Gold and Silver Index closed up by over 2.9%.
On Tuesday, the closing price of spot gold in New York rose by 1.89% to $3290.52 per ounce, dropping to $3204.71 at 11:03 Beijing time before rebounding. A sharp rally occurred around 22:00, reaching a daily high of $3295.76 at 04:12. COMEX gold futures rose by 1.82% to $3292.20 per ounce, with a trading range of $3207.40-3298.50 during the day. The Philadelphia Gold and Silver Index increased by 2.96% to 187.25 points. Spot silver rose by 2.28% to $33.1001 per ounce, hitting a daily low of $32.1275 at 15:20 before continuing to rise and reaching $33.1311 at 03:56. COMEX silver futures rose by 2.35% to $33.270 per ounce. COMEX copper futures increased by 0.15% to $4.6775 per pound, exhibiting a V-shaped reversal throughout the day, dropping to $4.5855 at 15:28.
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