Spot gold fell 1%, approaching the $4600 per ounce level at noon in New York.

On Thursday, the closing price of gold in New York fell by 1.04% to $4690.57 per ounce. After 08:00 Beijing time, there was a sharp V-shaped reversal trend, with a low of $4664.50 reached at 01:46. The short-term trend also showed a sharp V-shaped pattern. COMEX gold futures fell by 0.98% to $4706.50 per ounce, with a low of $4680.10 reached at 01:46.