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Spot gold and silver experience a short-term plunge, with silver turning from gains to a 1.58% decline intraday
December 29, according to market data, spot gold and silver prices plummeted in the short term. Spot gold fell below $4,500 per ounce, down 0.82% intraday. Spot silver erased its intraday gain of over 6%, trading at $77.7 per ounce, turning from a gain to a decline of 1.58% intraday.