Spot gold falls below $4,370 per ounce, down 0.82% on the day

The spot gold price fell below the $4,370 per ounce mark, with a daily decline of 0.82%. As a precious metal category highly watched by global investors, gold price trends are usually closely linked to fluctuations in the US Dollar Index, global geopolitical situations, the monetary policies of major economies, and other factors. The recent volatility in gold prices has also attracted wide attention from market participants.