Flash crash rattles gold markets as Bitcoin holds strong

Flash crash rattles gold markets as Bitcoin holds strong

Gold prices have dropped below $1,700 per ounce this morning in what analysts described as stop-loss driven selling. Gold prices have tanked during the Monday morning Asian trading session, compounding losses accumulated over the past week.On August 9, the price of gold quickly fell to its lowest level since March as a flash crash drove prices below $1,700/oz.According to Tradingview, the price of the precious yellow metal plunged to $1,690/oz during Asian trading hours on Monday. The price of gold has since posted a minor recovery, last changing hands for $1,742/oz at the time of....


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