FILE: Seoul, ROK - 2025 (CCTV - No access Chinese mainland)
1. Various of gold jewelry, gold bars

FILE: Beijing, China - Sept 4, 2025 (CCTV - No access Chinese mainland)
2. Various of gold jewelry

FILE: Luohu District, Shenzhen City, Guangdong Province, south China - Sept 2, 2025 (CCTV - No access Chinese mainland)
3. Various of gold jewelry, gold bars

FILE: Dubai, UAE - Sept 2025 (CCTV - No access Chinese mainland)
4. Various of counter clerks sorting gold jewelries; gold jewelries on display

Seoul, ROK - Recent (CCTV - No access Chinese mainland)
5. Various of silver bars for sale
6. Silver products shown on screen
7. Various of salesperson showing silver bar

FILE: Beijing, China - April 2024 (CCTV - No access Chinese mainland)
8. Various of silver bars, silver coinages, silver ingots, silver bracelets for sale

International futures prices of gold and silver plunged during Friday trading, dropping 3 percent and 7 percent, respectively.

Gold futures on the COMEX (Commodity Exchange) division of the New York Mercantile Exchange dropped by over 3 percent to below 4,500 US dollars per ounce, and silver futures plummeted by nearly 7 percent to below 68 dollars per ounce.

So far this month, spot gold prices have fallen by nearly 15 percent, and silver prices have fallen by more than 27 percent.

Market analysts said that although geopolitical risks should have been beneficial to precious metals, rising oil prices have reignited expectations of accelerated inflation. Additionally, market expectations cooled for a Federal Reserve rate cut, causing precious metal prices to fall against intuition.