Spot Gold Falls 1.6% to $4,261 on Tuesday, Silver Plunges Over 4%

XAU-1.64%
XAG-4.25%
According to Bloomberg data, spot gold fell 1.59% to $4,261.25 per ounce on Tuesday (June 9) and briefly broke below $4,100 during the session, approaching the March 23 low of $4,099.17. Gold prices have fallen below the 200-day moving average (currently at $4,436.69). Spot silver declined 4.15% to $65.36 per ounce, mirroring gold's downward movement. COMEX gold futures dropped 1.56% to $4,285.60 per ounce, while COMEX silver futures fell 4.45% to $65.54 per ounce.
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