The main contract of precious metal futures was weak and volatile, with Shanghai silver falling by 0.98% and now reporting 7953 yuan/kg; Shanghai gold fell by 0.45% and now reporting 681.48 yuan/gram.
On November 6th, spot gold fell back to below $2,710/ounce, down 1.23% in the day. Spot silver fell sharply by $1.01 during the day and is now at $31.64/ounce, down 3.10%.
On October 31st, spot gold fell below $2,750/ounce, falling nearly $20 since the PCE announcement, down more than 1% in the day. Spot silver fell 3.00% in the day, now at $32.76/ounce.
On July 9, spot gold fell by $7 short-term to $2,354 per ounce; spot silver fell by about $0.3 short-term to $30.70 per ounce.