Gold price plunges after 51,000 kg was traded in one minute
Gold price in London plunged on Monday after an erroneous order due to which trading jumped to about 51,000 kilograms in one minute. Around 18,149 lots were traded in just a minute, before falling back to 2,334 lots an hour later. Analysts said that a trader may have made a larger order than intended, or underestimated the marketâs ability.