Spot gold breaks below $4,640/oz, down 2.00% intraday

According to Gate data, spot gold briefly dropped over $20, falling below $4,640/oz, with its intraday loss widening to 2%. New York gold futures fell below $4,650/oz, down 1.67% intraday. Spot silver dropped over $3 intraday, now at $83.06/oz, a decline of 3.49%. The main silver futures contract on the Shanghai exchange dipped slightly, with an intraday loss of 2%, currently trading at 20,600 yuan/kg.