Gold is one in every of a number of belongings which have seen heavy promoting up to now half-hour. Gold has rapidly turned a $50 acquire right into a small loss in a near-vertical drop.
Elsewhere, sturdy beneficial properties in US equities have light as effectively with a 0.5% rally within the S&P 500 fading to 2%.
Bitcoin can also be being hit with promoting because it falls 3.3% on the day and cracks $90K to the draw back.
This appears to be like like a headline pushed transfer however the one headlines are those about Russia and I do not see that as a cause for these strikes.