Spot Gold Falls 1.45% to $4,504.35/oz on May 26, Hits Daily Low of $4,482.79

On May 26, spot gold fell 1.45% to close at $4,504.35 per ounce in New York trading, extending losses throughout the session. In Asian hours earlier today (May 26, 02:05 Beijing time), the price hit a daily low of $4,482.79.

COMEX gold futures declined 0.30% to $4,542.50 per ounce. After rising to a daily high of $4,615.60 during Asia-Pacific open, prices retreated, touching $4,512.80 at their daily low at 02:05 Beijing time.