Tag "Wednesday, May 27: Today in Gold and Silver"

Wednesday, May 27: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price chopped quietly lower in Far East trading on their Tuesday—and the HFT boyz and their algorithms/spoofing showed up around 2:15 p.m. Hong Kong time.  Once they were done, the price drifted quietly lower until the London morning gold fix was done at 10:30 a.m. BST.  It rallied a hair into the COMEX open, but JPMorgan et al were laying in wait once again—and