Spot Gold Plunges 2.47% to $4,537/oz, COMEX Futures Drop 3.01% on May 15

On Friday, May 15, spot gold tumbled 2.47% to $4,537.20 per ounce as of New York close, marking a weekly decline of 3.77%. COMEX gold futures fell 3.01% to $4,544.60 per ounce, with prices dipping to $4,513.80 at 21:45 Beijing time, approaching May 4's low of $4,510.10 per ounce. The week's cumulative futures decline reached 3.96%.
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