Gate News: On March 27, as gold prices declined, the probability of the event “Gold falling below $4,300 by the end of March” on Polymarket has risen to 39%, up 21% in 24 hours. Additionally, the probability of “Gold falling below $4,000 by the end of March” is currently 6%, up 2% in 24 hours. As of now, the trading volume for gold price prediction event contracts on Polymarket is approximately $2.825 million.
Due to market expectations of uncertainty in the negotiations between the United States and Iran, international crude oil futures prices surged significantly, and the three major stock indices in the New York stock market declined sharply. Influenced by concerns over inflation, international gold and silver prices plummeted. According to Gate data, the current spot gold price is $4,402.51, down 0.55% in 24 hours. The spot silver price is $68.154, down 0.08% in 24 hours.
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