A Gold "Flash Crash" Happened Yesterday – Here's Why

A gold "flash crash" took the yellow metal down 4.2%, or about $50, in a matter of seconds late Sunday night to its lowest level since March 2010. Just before 9:30 p.m. ET -- or just as China's market opened for trading -- someone dumped five tonnes ($2.7 billion worth) of gold on the Chinese market. Exactly who is "someone," and why the big sell? Let's take a look... Tags: Gold , gold crash , gold crash 2015 , gold flash , gold flash crash , gold flash crash chart , Gold Price , gold price chart , gold price crash , gold price crash 2015 , gold price per ounce , gold price today , Gold Prices , gold spot price , gold stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post A Gold "Flash Crash" Happened Yesterday – Here's Why appeared first on Money Morning - We Make Investing Profitable .