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Gold Falls 3.2% to $4,148.94 an Ounce in Sharp Market Move

Spot gold fell to $4,148.94 an ounce at 4:23 a.m. ET (08:23 UTC) Monday, extending a sharp decline from the previous trading session’s close.

Gold bullion beside a precision weighing scale / TokenPost.ai
Gold bullion beside a precision weighing scale / TokenPost.ai

Spot gold fell 3.2% from the previous trading session’s close to $4,148.94 an ounce at 4:23 a.m. ET (08:23 UTC) Monday, marking a sharp move in a market closely watched by crypto traders.

Gold stood at about $4,150 an ounce after the decline. The quoted level refers to XAUUSD, the spot-gold price measured in U.S. dollars.

The drop places gold among the cross-asset moves monitored by digital-asset traders as they assess broader market conditions.

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