New York gold futures fall below $4,400 per ounce, down 1.92% intraday

The gold futures price on the New York Mercantile Exchange fell below $4,400 per ounce, with an intraday decline of 1.92%. As an important reference for international gold pricing, the price fluctuation of New York gold futures is usually closely related to the performance of the US dollar, global inflation expectations, changes in geopolitical situations, as well as the monetary policy direction of the Federal Reserve. This significant intraday pullback has also attracted widespread attention from market participants regarding the subsequent trend of precious metals.