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International futures prices of gold and silver plunged on Monday as U.S. dollar strengthened and U.S. Treasury yields increased, making dollar-denominated assets more attractive to investors.
Gold futures for June delivery on the New York Mercantile Exchange fell 1.4 percent to 4,828.8 U.S. dollars per ounce, while silver futures for May delivery dropped 2.2 percent to 80.038 dollars per ounce.
Gold, silver prices drop sharply on Monday
Ceremonies worshiping Fuxi, a mythical ancestor of the Chinese nation, took place simultaneously in the city of Tianshui, northwest China's Gansu Province and in the New Taipei City of China's Taiwan region on Sunday.
It's the 13th consecutive year that people on both sides of the Taiwan Strait have paid tribute to Fuxi.
Fuxi is widely seen as a key ancestral figure of the entire Chinese nation, and ceremonies honoring him carry on a shared cultural memory, spiritual heritage, and emotional identity.
The annual commemoration of Fuxi has a history of more than 2,000 years. It was listed as a form of national intangible cultural heritage in 2006.
Mythical Chinese ancestor Fuxi worshiped across Strait
