Open account

Comex Gold Settles 3.56% Lower at $4108.20

Comex gold fell sharply, with front-month June futures settling at $4,108.20, down 3.56% or $151.80 per ounce. This was the largest one-day dollar and percentage decline since March 26, 2026, and extended the selloff to a fourth straight session. Over those four sessions, gold lost $367.60, or 8.21%, marking the largest four-day decline since March 24, 2026. The move suggests deteriorating near-term momentum and reinforces a bearish technical backdrop, with the article framing the action as a continuation of gold’s downtrend rather than a one-off pullback. The loss of the long winning trend may pressure sentiment across precious metals and related safe-haven trades.

Category

Gold

Sentiment

Bearish

Event

Price movement

Reading time

1 min