NYMEX gold futures fell below $4,390 per ounce, down 1.95% intraday.

The gold futures price on the New York Mercantile Exchange fell below $4,390 per ounce, with an intraday drop of 1.95%. As a precious metal with safe-haven attributes, short-term fluctuations in the gold price are usually closely related to the performance of the US dollar, market inflation expectations, global geopolitical changes, and the Federal Reserve's monetary policy direction. This significant pullback has also attracted widespread attention from many precious metals investors.