Gold Jump Sees Talk of Fat Finger's Return
- Purchase of 815,000 ounces after 1.8 million-ounce sale Monday
- Metal erases most of its losses from Monday after spike higher
Analyst Sees Gold Finding Path From Confusing Trade
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A second sharp jolt in gold prices in two days drew speculation someone seeking to reverse an erroneous trade on Monday again managed to unsettle the market.
Prices spiked in early European trading with about 815,000 ounces of gold bought in five minutes. That erased most of gold’s losses the previous day, when 1.8 million ounces of the metal were sold in a single minute.