Today on Tuesday (August 22), the main opening price of US gold was $1,749.4000 per ounce, and it closed at $1,749.5000 per ounce yesterday. Spot gold opened at $1,735.40/oz on the day, and closed at $1,736.100/oz yesterday. As of 13:26 Beijing time, the main US gold price was $1,748.9000/oz, down 0.03%; spot gold was quoted at $1,736.30/oz, down 0.04%.
U.S. stocks close sharply lower in nearly two weeks
U.S. Wall Street stocks closed sharply lower on Monday to a near two-week low, with investors nervous about the annual meeting of global central banks in Jackson Hole, Wyoming, later this week, where the Federal Reserve is expected to underscore a firm commitment to curbing inflation.
All 11 sectors of the S&P 500 were down, led by consumer discretionary stocks, down 2.84%, followed by information technology T, down 2.78%.
Nvidia (NVIDIA/Nvidia) fell 4.6%, Amazon fell 3.6%, and Microsoft and Apple both fell more than 2%.
Wall Street’s summer rally ended last week. Year to date, the S&P 500 is down about 13% and the Nasdaq is down more than 20%.
The CBOE market volatility index, known as Wall Street’s fear gauge, rose to 23.9, the highest in more than two weeks.
As of the close, the S&P 500 fell 2.14% to close at 4137.99 points. The Nasdaq fell 2.55% to close at 12,381.57 points. The Dow Jones Industrial Average fell 1.91% to close at 33,063.61 points.