Well golds sudden drop in the last hour of trade is now explained with the announcement of IMF gold selling.
I like how this announcement which is hardly new to anybody who is knowledgable in gold investing comes during option expiry week.
I am sure the Chinese and Indians or happy to hear this news.
The paper pushers no doubt loved it too as it provided them with an excuse to drop gold and scalp those options gamblers a little more hahahahahahahahahahahaha.
All in my honest opinion of course.
F.F.