BlockBeats news. On August 28, according to Bitget market data, since Federal Reserve Chair Powell delivered remarks, spot gold and silver have seen a sharp short-term pullback. After falling about $100 from the high, gold rebounded slightly, hitting a low of $4,530 per ounce and currently trading at $4,560 per ounce. Silver dropped more than $1 during the day, reaching a low of $68.1 per ounce and currently trading at $69.0 per ounce.