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[The concept of gold fell sharply, Shengda Resources and Hunan Silver hit the limit] On August 31, the concept of gold fell sharply in early trading, with Shengda Resources and Hunan Silver hitting the limit, and Xiaocheng Technology, Baiyin Nonferrous Metals, Laishen Tongling, Xingye Silver and Tin were among the top decliners. On the news, international precious metals fell significantly as the market increased its bets on the Federal Reserve raising interest rates within the year. As of the close on August 28, the spot gold price fell by 3.20% to US$4,454.23 per ounce; the spot silver price fell by 4.26% to US$66.30 per ounce.
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