PANews reported on May 14 that spot gold fell below $3,200/ounce for the first time since April 14, with a daily decline of 1.6%. New York gold futures fell back below $3,200/ounce, down 1.48% on the day. Spot silver fell more than 2.00% on the day, now at $32.22/ounce.
Spot gold and silver continued to fall, and spot gold fell below the $3,200 mark
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