Svmuu News According to Gate data, spot gold briefly dropped over $20, falling below $4,640 per ounce, with its intraday decline expanding to 2%. New York gold futures fell below $4,650 per ounce, down 1.67% intraday. Spot silver fell over $3 intraday, now reporting at $83.06 per ounce, a decline of 3.49%. The main Shanghai silver contract experienced a slight plunge, with intraday losses reaching 2%, now reporting at 20,600 yuan per kilogram.