GOLD 0.51% $1,391.7 gold futures

Pintahoo"Who the hell places 400 tons of gold on market in one...

  1. 7,424 Posts.
    lightbulb Created with Sketch. 152
    Pintahoo

    "Who the hell places 400 tons of gold on market in one go?"

    Is that such a lot of gold?

    That is roughly 13,000 COMEX contracts on a day when the futures turn over 390,000 contracts.

    I think that there was a lot of selling outside this one particular order.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.