(Gold prices today) - CME Group Inc. halted trading Comex gold futures for December delivery in about 20 seconds in 6:26:41 hours in New York trading on Wednesday, Damon Leavell, a publisher language exchange agency said.
December delivery gold dropped about 11 dollars a minute before trading was halted, according to data compiled by Bloomberg. Leavell has refused to comment on the volume of transactions leading to this suspension. The command "stop loss" automatic traders have the opportunity to provide additional liquidity in cash and prevent canada post office excessive price fluctuations.
Gold prices have fallen 24% this year until yesterday, the biggest annual decline canada post office since 1981. Gold prices fall into a bear market since April due to rising stock and due to concerns that Fedse slow pace of economic stimulus canada post office programs, reducing the need to buy gold as a hedge against inflation means.
"We are seeing continued liquidation of gold," Adam Klopfenstein, market strategist at Archer Financial canada post office Senior Services Inc. in Chicago, said in a telephone interview. "Any sudden decline are making people nervous."
(The price of gold today) - Spread-buying ...
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