
According to the daily gold spot chart, gold was strutting its stuff at the beginning of last week, closing at a dazzling $3,381.50 on Monday, June 2, with a 2.37% gain that had investors feeling like theyâd just found a forgotten twenty-dollar bill in their winter coat. But alas, by Tuesday, June 3, the market began to show signs of weakness, like a cat thatâs just realized itâs been put on a diet. By the close of Friday, June 6, gold had plummeted to $3,309.998, marking a 2.21% drop from Mondayâs high. In just the last two days of the week, the gold price slipped by 1.92%, intensifying concerns of a short-term bearish trend. Talk about a dramatic fall from grace! đ