Spot gold drops 1%, approaching the $4,600 mark at noon in New York

Thursday (April 23) in New York late trading, spot gold fell 1.04%, trading at $4,690.57 per ounce, a sharp V-shaped reversal occurred after 08:00 Beijing time, and at 01:46, it hit the daily low of $4,664.5—also showing a sharp V-shaped trend in the short term. COMEX gold futures fell 0.98%, trading at $4,706.5 per ounce, with the daily low of $4,680.1 reached at 01:46.

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