$6 Billion Puke Sends Gold Plunging Below $1200 As Dollar Index, Bond Yields Spike

by Tyler Durden
ZeroHedge.com
Nov 23, 2016

As Chinese Yuan collapses to fresh lows (USD Index spikes), and bond yields surge, this morning’s durable goods data sparked an extended collapse in gold, crashing them below $1200 as over $6 billion of pressure flowed through futures.

EUR down, Stocks down, Bonds down, Gold down…

The Rest…HERE

This entry was posted on Wednesday, November 23rd, 2016 at 12:08 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.