SCOREBOARD: Golden anvil

There was speculation the Fed had a hand in the gold price plunge, while little outside of Chinese GDP is likely to lift investors' moods this week.

Price action in the commodities space has been on the strange side for some time, but something gave on Friday and we saw a virtual collapse in gold, with other commodities prices not too far behind.

Check out the price action – gold was down $63 for the session and now sits at $1500, which is the lowest price since July 2011. Silver was down nearly 5 per cent with copper and crude off almost 2.5 per cent each. It’s remarkable.


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