---
title: "The spot gold price of \"Commodity\" fell by 1%, challenging the $4,900 mark"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274854163.md"
description: "Spot gold prices fell by 1%, challenging the $4,900 mark, with the latest quote at $4,901 per ounce. Analysts point out that further increases in precious metal prices depend on foreign exchange and interest rate expectations. April gold futures briefly rose above $5,000, with the latest quote at $4,932 per ounce. March silver prices rose by 1.8% to $84.7 per ounce, while March copper, April platinum, and March palladium prices all declined"
datetime: "2026-02-04T17:52:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274854163.md)
  - [en](https://longbridge.com/en/news/274854163.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274854163.md)
---

# The spot gold price of "Commodity" fell by 1%, challenging the $4,900 mark

Gold and silver prices stabilized on Wednesday, with analysts stating that further increases in precious metal prices depend on the direction of foreign exchange and interest rate expectations.

Spot gold recently fell by $46 or 0.9% to $4,901 per ounce. April futures for gold briefly rose above $5,000, reaching a high of $5,113, and are currently up $3 or 0.1% to $4,932 per ounce.

March silver prices rose by 1.8% to $84.7 per ounce.

March copper prices fell by 3.4% to $5.9 per pound.

April platinum prices fell by 1% to $2,186 per ounce.

March palladium prices fell by 1.3% to $1,736 per ounce

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