On the 16th local time, tension in the Middle East heightened concerns about inflation. International gold and silver prices continued to fall during the US trading session, and gold futures and spot prices both fell below the $4,000 per ounce mark. As of 21:15 Beijing time on the 16th, the price of gold futures for August delivery on the New York Mercantile Exchange was reported at $3995.28 per ounce, a decrease of 1.39%; the price of silver futures for September delivery was $56.14 per ounce, a decrease of 2.25%. The spot price of gold was reported at $3993.33 per ounce, a decrease of 1.65%; the spot price of silver was reported at $55.899 per ounce, a decrease of 3.24%.

On the 16th local time, tension in the Middle East heightened concerns about inflation. International gold and silver prices continued to fall during the US trading session, and gold futures and spot prices both fell below the $4,000 per ounce mark. As of 21:15 Beijing time on the 16th, the price of gold futures for August delivery on the New York Mercantile Exchange was reported at $3995.28 per ounce, a decrease of 1.39%; the price of silver futures for September delivery was $56.14 per ounce, a decrease of 2.25%. The spot price of gold was reported at $3993.33 per ounce, a decrease of 1.65%; the spot price of silver was reported at $55.899 per ounce, a decrease of 3.24%.