Spot Gold Accelerates Decline, Breaks Below $4850/Ounce, Down 1.96% Today

BlockBeats News, February 5th, according to Bitget market data, spot gold accelerated its decline, dropping below $4850 per ounce, a 1.96% decrease during the day; New York gold futures fell by 1.00% intraday, currently trading at $4885.00 per ounce.