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When can gold be reduced in price?
It is expected to be 2023. On February 22nd, 2023, the most active gold futures market in the New York Mercantile Exchange dropped by 30. 1 USD compared with the previous trading day, and closed at 1795.3 USD per ounce, with a decrease of 1.65%. In 2023, the price of gold will fall by 10%, and the price of silver will fall by 17%. Analysts of Metals Focus, a British research company, said in their price forecast for 2023 that the average gold price is expected to fall by 65,438+00% in 2023 and bottom out in the fourth quarter, reaching 65,438+0,500 USD/oz.