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.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles