Spot gold has fallen below $4,100 per ounce, marking a decline of more than 22% this month

Gold Crashes 8.6%, Drops Below $4,100—Monthly Losses Top 22%

Gold is getting hammered. Spot prices fell below $4,100 for the first time since November, dropping 8.6% in a single day—a $388 slide. The metal has sliced through multiple key levels, and losses for the month now top 22%. The safe haven isn't feeling so safe.