Spot gold drops below $4,320 per ounce, down 1.86% intraday

The international spot gold price has fallen below the $4,320 per ounce mark, with an intraday decline of 1.86%. As a precious metal with both safe-haven and inflation-hedging properties, short-term significant fluctuations in gold prices are often influenced by a combination of factors such as the US Dollar Index movement, global monetary policy expectations, geopolitical developments, and market speculative sentiment. Future trends will still depend on further changes in these influencing factors.