Spot gold falls below the $4,000 mark for the first time since July 1

Odaily reported that according to Gate data, spot gold continues to decline, breaking below the $4,000 per ounce mark for the first time since July 1, with an intraday drop of over 2.8%. This comes after U.S. President Trump announced the resumption of sanctions on Iran, and Federal Reserve Governor Waller stated that interest rates may need to be raised in the short term.