Key Facts

Gold closed near 4,290, down 0.88% on Monday June 8 — a fresh leg lower with no bounce after last week’s sell-off.

Silver fell 2.03% to about 66.50, the weaker of the two again, sliding down to its own long-term line.

A hot US jobs report was the trigger — Friday’s strong hiring killed hopes of a rate cut and pushed some traders to bet on a hike.

The dollar stayed firm, the clearest cross-asset tell, making metals that pay no income harder to hold.