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Within a single day, gold broke through five major support levels in succession, followed by a rebound
After nearly a 10% decline in international gold prices and over a 14% drop in silver prices last week, gold and silver prices once again plunged sharply during trading on the 23rd. The April gold futures price on the New York Mercantile Exchange briefly fell to $4,100 per ounce; London spot gold prices repeatedly fell through the 4,500, 4,400, 4,300, 4,200, and 4,100 USD/ounce levels during yesterday’s trading.
On the evening of March 23, international spot gold prices rebounded. As of press time, they had risen above $4,500 per ounce.
◆Source: CCTV Finance
Editor: Sun Yici
Initial review: Liang Shuang
Re-review: Cao Guangyu
Final review: Zang Li
【Source: Changchun Evening News】