Gold prices just crashed — hard. The metal fell over 6%, its biggest drop in 12 years, and is now trading close to $4,000 an ounce. Futures slipped to $4,079.20, extending this week’s sharp losses. A strong U.S. dollar and improving U.S.–China trade sentiment are hitting gold hard. Analysts warn: $4,000 is crucial support. If it breaks, gold could tumble further — but a rebound above $4,160 might spark a comeback.