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Gold Just Flash Crashed

Matthew BoeslerJan 6, 2014, 20:48 IST

Gold just got slammed by a big trade. Check out the chart below (via Nanex).

As the volume sub-graph shows, over 10,000 futures contracts were traded at 10:14 AM ET, seeing the price of the metal fall from $1245.50 an ounce to a low of $1212.60 before rebounding back to current levels around $1234.

Nanex