Gold ‘Flash Crash’ as $2.7 Billion Worth of Gold Futures Sold in Less Than 2 Minutes

by GoldCore
ZeroHedge.com
07/20/2015

In what looked like another successful bid to manipulate the gold market lower, there was massive selling of gold futures contracts – some 700,000 ounces worth of gold futures in mere seconds. The equivalent of one-fifth of a whole day’s trade in a normal session, was sold in a concentrated manner in less than two minutes – pushing prices lower again.

Today’s AM LBMA Gold Price was USD 1,115.00, EUR 1,029.17 and GBP 717.41 per ounce.
Friday’s AM LBMA Gold Price was USD 1,143.00, EUR 1,049.25 and GBP 730.68 per ounce.

For the week, gold was lower in dollars and pounds but eked out slight gains in euros. Gold fell 2.5% to $1133.90 per ounce and silver fell 4.4% to $14.89 per ounce.

The Rest…HERE

This entry was posted on Monday, July 20th, 2015 at 10:42 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.