Spot gold rose 1% on Friday, but fell more than 1.6% in May.

date
30/05/2026
On Friday, the New York session, spot gold rose by 1.05%, to $4542.39 per ounce, continuing to rise overall. At 22:51 Beijing time, there was a wave of accelerated upward movement. It has gained 0.74% this week, forming a V-shaped reversal. In May, it fell by 1.62%. From May 6-14, it traded in a narrow range at a high of $4773.53 on the 12th, and then retraced to around $4550 from May 15-26, dropping to $4366.74 on May 28. COMEX gold futures rose by 0.40% this week, to $4574.50 per ounce, with a cumulative drop of 2.27% in May. Spot silver fell by 0.32%, to $75.3636 per ounce, with a 0.18% decline this week and a 2.23% increase in May. COMEX silver futures fell by 0.73% this week, to $75.640 per ounce. COMEX copper futures rose by 0.14% this week, to $6.3880 per pound.