Market Currents
Gold futures sank $20 at the open and never recovered, hit by a wave of stop-loss orders in a...
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Wednesday, November 28, 2012, 2:55 PM ETGold futures sank $20 at the open and never recovered, hit by a wave of stop-loss orders in a move blamed on a variety of reasons including technical selling, the expiration of options and futures contracts, deflationary concerns and a stronger U.S. dollar. One thing was certain: “There were no fat-finger trades or technical errors... This was a market-driven selloff."
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