NOMURA: We Are Running Out Of Ways To Describe The Gold Crash

Tyler Broda, at Nomura, is in the early running for quote of the day.

We are running out of superlatives to attach to the gold price move since last Friday, with prices having reached as low as USD 1,322 overnight. The gold price is now rebounding, reaching USD 1,375/oz.

gold

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 research.businessinsider.com.au.