FINAL FEW MINUTES OF THE DAY: Gold Is Getting Bludgeoned, Stock Market Falling Out Of Bed

Photo: Flick/danielmorris

It’s getting a little hairy into the close.Gold is getting totally poleaxed, down $96/z.

The S&P is off 0.6%, after being close to flat earlier.

It’s hard to say what the real “reason” is, though the popular idea is that this could have something to do with the expectation or the realisation that QE isn’t imminent. We have no idea if that’s actually the case.

Quick stat: The worst day of the year so far has been a down day of 0.69% on the S&P 500.

Hang in there.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

markets moneygame-us