Deficit-hit palladium meanwhile hit another record peak on the back of prolonged supply constraints in the market. Spot gold was down 0.1% at $1,564.31 per ounce as of 1257 GMT, having fallen as much as 0.7% earlier in the session. It touched its highest since April 2013 at $1,582.59 on Monday. US gold futures were 0.2% lower at $1,566.00.