Gold price dropped by more than 0.5%, with significant declines in the early trading of US stocks, and the Philadelphia Gold and Silver Index fell by over 2.6%.

On Tuesday, the closing price of spot gold in New York fell by 0.52% to $3315.34 per ounce. At 18:24 Beijing time, it refreshed the daily high to $3345.37, continuing to fluctuate slightly upwards before that time. A significant downturn began at 22:29 Beijing time. COMEX gold futures fell by 0.56% to $3359.10 per ounce. The Philadelphia Gold and Silver Index fell by 2.63% to 225.29 points, remaining in a downward trend throughout the day, with the downward trend slowing down after 23:00.