Gold Price Today: Why Did Gold Crash Below $3,900?
Photo: CaptainAltcoin
Gold price has gone through another brutal selloff, and fell from around $4,000 toward $3,890 and briefly trading even lower. Spot gold ultimately dropped more than 3% during Friday’s session and touched its weakest level in roughly a year. Silver fell even harder, while equities and copper also came under pressure. What makes the move unusual is the timing. Gold did not collaps e during Wednesday’s FOMC decision . It also survived the ECB meeting. Instead, the strongest selling arrived later, without one obvious new headline that would normally explain a move of this size.
Source: CaptainAltcoin
