Why Everyone is Suddenly Dumping Gold After a Brutal Weekend Drop to $4,327 | Metals Mine

  • Why Everyone is Suddenly Dumping Gold After a Brutal Weekend Drop to $4,327

    From fxleaders.com

    Gold bulls are experiencing firsthand how gravity still works on Wall Street. On Saturday, June 6, 2026, gold fell further over the weekend as physicals were traded. The price is down to a multi-month low of about $4,327/oz. In recent weeks and months, that’s wiped out a lot of that nice upside that we had, which brought it from as high as $5,589 in January to down around 18% at this point. This quick, nasty sell-off has nothing to do with gold, per se, and everything to do with what just happened in the wider macroeconomic environment Friday. The U.S. BLS just reported that May’s nonfarm payroll beat ... (full story)

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