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【Since the US-Iran conflict, silver has retreated approximately 18% from its high, and gold has retreated about 5.3%】
BlockBeats News, March 5th, according to Bitget market data, spot silver sharply dropped, currently at $80.48 per ounce, down 2.81% intraday. Spot gold is at $5132 per ounce, down slightly by 0.17% intraday. Silver has retreated approximately 18% from its high of $98 per ounce since the US-Iran conflict, and gold has retreated about 5.3% from its high of $5420 per ounce since the conflict. According to PolyBeats monitoring, the probability of spot gold falling below $5100 per ounce before the end of March has increased to 71%.