Spot gold fell more than 3.2% on Friday, with New York futures gold down about 11.1% for the week

Friday (March 20) in New York, spot gold fell 3.25%, trading at $4,499.36 per ounce. This week, it has declined a total of 10.37%. Before 18:30 Beijing time on March 18, it remained within a narrow range around the psychological level of $5,000, then continued to decline. COMEX gold futures dropped 2.16%, trading at $4,505.70 per ounce. This week, it has fallen 11.07%, reaching $4,478.40 at 02:30 on March 21.

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