Gold Experiences Worst Selloff Since March Following US Jobs Report

Gold prices saw their sharpest decline since March, attributed to a stronger-than-expected May U.S. employment report, with one strategist suggesting a potential floor at $4,000.

8 Jun, 11:13 — 8 Jun, 11:13

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marketwatchMostly Factual2d ago

Gold just had its worst selloff since March. A floor may be $4,000, says one veteran strategist

Gold’s slump has followed Friday’s better-than-expected May U.S. employment report.

By Barbara Kollmeyer

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Gold Experiences Worst Selloff Since March Following US Jobs Report

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Gold just had its worst selloff since March. A floor may be $4,000, says one veteran strategist

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