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gold spot price

Article Index

A Gold "Flash Crash" Happened Yesterday – Here's Why

By , Associate Editor, Money Morning • @TaraKateClarke -

investing tips

A gold "flash crash" took the yellow metal down 4.2%, or about $50, in a matter of seconds late Sunday night to its lowest level since March 2010.

Just before 9:30 p.m. ET -- or just as China's market opened for trading -- someone dumped five tonnes ($2.7 billion worth) of gold on the Chinese market.

Exactly who is "someone," and why the big sell?

Let's take a look...

How the Gold Spot Price Will React to the Federal Reserve Meeting This Week

By , Associate Editor, Money Morning • @TaraKateClarke -

gold spot price

Watch for the gold spot price - the price of gold for immediate delivery - to make dramatic moves as the Federal Open Market Committee (FOMC) meets this week.

It has already had a volatile morning ahead of the meeting's Tuesday kickoff.

Here’s what the current gold prices did this morning, and the two big policies to watch coming out of the Fed meeting that will move the yellow metal this week….