The LBMA in London,delayed opening for an hour. I suspect they reset and eliminated the buy orders,that were supporting the price. They cant normal drop the price much with buy orders in place. They would have to fill all the contracts,to get under the price....
The last time something similar happened was at the end of Dec., though not quite as dramatic as this time. Just an observation.
Wait until March. Fireworks will rival 7/4/26
The LBMA in London,delayed opening for an hour. I suspect they reset and eliminated the buy orders,that were supporting the price. They cant normal drop the price much with buy orders in place. They would have to fill all the contracts,to get under the price....