If I was conspiratorial about this, I would say someone is attempting to manipulate the market lower so they can buy up more Gold cheaply. I think with all the QE going on by the Fed, that gold should be going up.
real conspiracy fans see this as a predicted event coming to pass, and the precursor to an imminent larger event
Don’t we have the Treasury or Fed or somebody scrambling to find gold to cover some deposits that Germany wants back?