PHYS - Gold is on pace for worst daily performance since late February

As Thursday's trading session kicks into gear, the investment community sees the price of gold slide to the downside. Gold which at the start of the month, June 1st, touched a five-month high of $1,907.71/oz and has since come down. From gold's recent high on June 1st, the precious metal is -2.05% and currently is -1.60% on the day.Gold which is already down -1.60%, is on pace for its worst daily performance since February 26th, where it closed on the day -2.07%. Gold has slipped back below the $1,900/oz mark and is trading at $1,876/oz.As gold slides, the U.S. dollar index has risen, the dollar index, which dipped below the $90 handle to $89.63 back on June 1st, has now jumped +0.69% to $90.28.For market participants that are interested in learning more about gold, see the following funds and exchange traded funds: (GLD), (GDX), (NUGT), (GGN), (PHYS), (SGOL), and (DUST).While gold is experiencing a selloff on the day, gold and

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Gold is on pace for worst daily performance since late February