Spot gold fell below the closely watched $4,500-per-ounce level on May 18, with PANews citing Bybit data showing a price of $4,488.83 and a 1.12% daily decline, while Odaily, citing Gate data, reported the metal was down 0.85%. Odaily said the drop marked the first move below $4,500 since late March. The break under the round-number threshold is notable because traders often monitor such levels as short-term support or resistance markers.