Svmuu Seer Channel monitoring shows that as the price of gold falls, the probability of the event "Gold falls below $4300 by the end of March" on Polymarket has risen to 39%, up 21% in 24 hours; additionally, the probability of the event "Gold falls below $4000 by the end of March" is currently reported at 6%, up 2% in 24 hours. As of now, the trading volume for the gold price prediction event contracts for the end of March on Polymarket is approximately $2.825 million.
Analysis suggests that due to external expectations of uncertainty in the prospects for US-Iran negotiations, international crude oil futures prices have surged significantly, while the three major US stock indices in New York have declined notably. Influenced by market concerns over inflation, international gold and silver prices have fallen sharply. According to Gate data, the current spot gold price is temporarily reported at $4402.51, with a 24-hour decline of 0.55%, and spot silver is temporarily reported at $68.154, with a 24-hour decline of 0.08%.
Svmuu Seer Channel continues to monitor prediction markets, seeing changes before they are priced in.
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Polymarket's "Gold Falls Below $4300 by End of March" Probability Rises to 39%, Up 21% in 24 Hours
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