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Gold, silver futures drop on Wednesday

China

China

China

Gold, silver futures drop on Wednesday

2026-07-09 11:07 Last Updated At:11:47

International gold and silver prices both dropped on Wednesday.

On the New York Mercantile Exchange, gold futures for August delivery fell 1.80 percent to settle at 4,082.40 U.S. dollars per ounce, while silver futures for September delivery dropped 4.55 percent to close at 58.540 dollars per ounce.

Gold, silver futures drop on Wednesday

Gold, silver futures drop on Wednesday

More than 130 rescue personnel have been mobilized to evacuate hundreds of trapped residents in Qintang District, Guigang City in south China’s Guangxi Zhuang Autonomous Region.

The emergency came when a section of the river embankment along a tributary of the Liyu River near Qingyun New Village experienced a dangerous situation, leaving residents from nearby villages stranded.

The Guangxi Military District immediately coordinated rescue forces from the Liuzhou and Yulin Military sub-districts, joining the personnel who are already deployed to support flood control and relief operations in Guigang to carry out the evacuation.

More than 100 rescue personnel from the Liuzhou Military Sub-district, carrying rescue equipment, rushed to Qingyun Village, Zhusha Township. Upon arrival, they immediately organized the evacuation of residents. So far, they have safely rescued over 230 trapped residents.

Meanwhile, more than 30 rescue personnel from the Yulin Military sub-district, equipped with assault boats and rubber rafts, swiftly proceeded to Zhusha Village, Zhusha Township, where they successfully transferred over 50 residents to safety.

Rescue operations are currently proceeding in an intense but orderly manner.

Troops assist in evacuation efforts as floods hit Guangxi

Troops assist in evacuation efforts as floods hit Guangxi

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