Gold plunges, US markets erratic, but futures slightly in the black
Finfeed
Archived
Aug 12, 2020
While overseas equities markets were generally buoyant there was weakness in a number of commodities, most notably gold which plunged more than 5% to hit a low of US$1911 per ounce. This is likely to result in major gold stocks placing a drag on the broader index, nullifying the prospects of another positive day.