New York COMEX gold futures fall below $4,420 per ounce, down 1.29% intraday

The price of New York COMEX gold futures fell below $4,420 per ounce, with an intraday drop of 1.29%. As one of the core pricing benchmarks in the international precious metals market, the price fluctuations of New York gold futures are usually related to multiple factors such as the movement of the US Dollar Index, global inflation expectations, changes in geopolitical situations, and adjustments to gold reserves by central banks. Short-term fluctuations are often influenced by temporary market trading sentiment.