Spot gold and New York gold futures have both fallen below $4,500 per ounce, down 0.94% on the day

According to Odaily, Gate data shows that spot gold and New York gold futures have both dropped below $4,500 per ounce, declining 0.94% intraday.

Previously, traders fully priced in a 25-basis-point interest rate hike by the Federal Reserve through the end of 2026.