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Spot gold breaks below 4000 USD/ounce

BIBIBIPublished 11/12, 00:55 (Beijing time)Updated 11/12, 00:56

AT A GLANCE

PANews stated that spot gold was quoted at 3999.83 USD/ounce, breaking below the 4000 USD mark, with an intraday decline of 0.81%.

Article

Spot gold breaks below the 4000 USD mark

PANews November 12 news, spot gold broke below the 4000 USD/ounce integer mark, now quoted at 3999.83 USD, with an intraday decline of 0.81%.

Source: https://www.panewslab.com/zh/articles/01a1cb7b-f4e7-729d-8ebb-4814d510ec65

Key points

PANews November 12 news stated that spot gold broke below the 4000 USD/ounce integer mark.
The spot gold quote in the report was 3999.83 USD.
The intraday decline in the report was 0.81%.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

This news stated that the spot gold price was below 4000 USD per ounce, quoted at 3999.83 USD, and stated that the price fell 0.81% that day.

Why it matters to readers

4000 USD/ounce was the integer mark mentioned in the report; the news described the gold price as being below that mark at the time.

One may note the quote, unit of account, and intraday decline in the report; this news itself does not indicate how the price will change thereafter.

Risks and unknowns

The original text did not specify the market source of the quote and decline, so it cannot be independently verified based solely on this passage.
The original text only wrote "November 12" without specifying a year.

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In this article

Article Reported facts Interpretation Risks & unknowns

Related concepts

Spot gold: the gold market discussed in the original text; the quote unit is USD/ounce.

This term is not in the glossary yet. Browse related concepts in the glossary.

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Intraday decline: the decline for that day as stated in the original text.

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