Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2855.75 / ton -1.47%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
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Gold drops $75 in one hour, crashes through $1,700 after a 1 million oz trade

Frik Els | February 29, 2012 | 10:55 pm Precious Metals Europe Gold 

Contract gold dropped $75 an ounce, or over 4% to $1,708 between 10:30am and 11:30am on the Comex division of the New York Mercantile Exchange on Wednesday morning. The dramatic fall came after comments from the US Federal Reserve that...

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