Lurching gold prices mystify traders, undermine confidence

In the early hours of the New York morning on Thursday, when scarcely a few hundred lots of gold futures are usually traded, a wave of buy orders worth over $2.3 billion surged into the market. Prices soared 3 percent in just 10 minutes, setting the tone for the next 12 hours of trade – and puzz…

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Lurching gold prices mystify traders, undermine confidence