Yep, it's getting hammered, but that doesn't necessarily mean bad assays ... there's a quiet panic out because gold has lost $40 in the last week, America looks sick, and the Chinese are still floundering.
And if you look at the trades that took it down, they all happened in a few seconds, indicating they might have been at-market stop/loss trades. Then the buyers started appearing (me being one of them) and I think it'll be at least back up to .59 by the end of the day.
Good buying op.
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