After remarks by Federal Reserve Chairman Powell, spot gold and silver prices tumbled sharply in the short term
2026-08-28 22:43:09
According to CoinMeta, based on Gate data, since Federal Reserve Chairman Powell delivered his speech, spot gold and silver prices have seen a significant short-term decline. Gold prices fell by about $100 from their highs before rebounding slightly, reaching a low of $4,530 per ounce, and are currently trading at $4,560 per ounce. Silver prices tumbled by over $1 throughout the day, hitting a low of $68.1 per ounce and are now at $69.0 per ounce.
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Source:Internet
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