#Gate广场五月交易分享 Today’s Gold Market Analysis — Short-Term Bearish Momentum May Continue
1. Core Price Dynamics
Latest Spot Gold Price:
$4,537.93 per ounce (Data as of the morning of May 5, 2026, Beijing time), up $15.72 from the previous day, a 0.35% increase.
The intraday fluctuation range is $4,587.09–$4,628.69 per ounce. The day’s lowest point touched $4,587.09, indicating that selling pressure is still present in the market.
Futures Market Performance:
Gold futures for June delivery on the New York Mercantile Exchange are reported at $4,642.90 per ounce, down 1.1% for the day, contin