Gold futures fell by 3.2% on Wednesday in New York, with spot gold breaking below the psychological barrier of $4000, and silver dropping by over 6%.

On Wednesday, New York's closing session saw a 2.86% drop in spot gold, with prices at $3999.08 per ounce. Throughout the day, gold remained in a downward trend with a trading range between $4117.78 to $3959.33. At 02:04 Beijing time, it approached the bottom prices of $3928.98 on November 4, 2025, and $3886.62 on October 28 of the same year. COMEX gold futures fell by 3.21% to $4016.40 per ounce, with prices dropping to $3975.70 in midday New York trading. Spot silver also saw a 6.72% decrease, reaching $57.4512 per ounce, with a trading range between $62.3762 to $55.6125. At 02:04, it approached the bottom price of $53.3447 on November 28, 2025. COMEX silver futures dropped by 6.64% to $57.940 per ounce. Meanwhile, COMEX copper futures fell by 2.57% to $6.0525 per pound. Spot platinum saw a decrease of 4.25%, while spot palladium fell by 5.01%.