Gold prices plunged after NVIDIA's financial performance report was released.
Spot gold prices fell in after-hours U.S. trading. Bloomberg data shows that prices dropped from above $3290 to $3276.84, hitting a daily low with an overall decline of about 0.7%. Earlier, Nvidia released its earnings report. At the end of trading on Wednesday in New York, COMEX gold futures fell by 0.26%, to $3291.80 per ounce; the August contract dropped by 0.33%, to $3317.20. The Philadelphia Gold and Silver Index rose by 0.93%, to 192.68 points. Spot silver also saw a short-term decline, with an overall drop of more than 0.9% to a daily low of $32.9155 per ounce. COMEX silver futures fell by 0.59%, to $33.115 per ounce. COMEX copper futures fell by 1.19%, to $4.6835 per pound.
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