Gold plunges as 1.8Moz traded in a New York minute

Gold sank like a stone at 09:00 in London after a huge spike in volume in New York futures that traders said was probably the result of a "fat finger," or erroneous order. Trade shot up to 1.8-million ounces of gold in just a minute, a level not reached even with the surprise election of US President Donald Trump or Britain’s vote to leave the European Union.