International gold and silver prices continued their sharp decline!

International gold and silver prices fell sharply on the 2nd, with gold futures prices briefly dropping below $4,500 per ounce.

On the New York Mercantile Exchange, gold futures prices fell as low as $4,429.2 per ounce, while silver futures prices fell as low as $72.35 per ounce.

International gold and silver prices have experienced significant volatility after recently hitting record highs. Compared to the record high reached on January 29th, the cumulative decline in silver prices from their intraday lows on the 2nd reached 40%, while gold prices fell by approximately 20%.

Several banks and gold exchanges have recently reminded investors to be wary of market volatility risks and to invest rationally.