Gold futures in New York rose by more than 0.8%, approaching $3480.

On Thursday afternoon in New York, spot gold rose by 0.57% to $3416.55 per ounce, falling to $3384.67 at 10:36 Beijing time to hit a daily low, before continuing to fluctuate and rise. COMEX gold futures rose by 0.83% to $3477.20 per ounce, trading in a range of $3442.50-3478.70 during the day. The Philadelphia Gold and Silver Index fell by 0.45% to 242.22 points, marking the second consecutive trading day of retreat from the all-time high closing.