Gold Smashes Through To New Lows On Heavy Volume

The rout in the gold market continues.

The shiny yellow metal just broke through yesterday’s low of $1221 an ounce on a bout of heavy selling, and is now trading around $1215 after hitting a low of $1212.50.

Check out the breakdown in the chart below, along with the big spike in trading volume on the subgraph.

gold

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.