Gold And Silver Price Pukes Due To Mysterious Causes, Goldman Downgrades China's GDP, France's Wine

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a sudden burst of selling in the gold futures contract sent Gold pries plunging to as low as $1,677.0 or almost $100 lower from the Friday close of $1,761.50.
Together with Friday's post-payroll plunge, this has been the biggest 2-day drop in gold (in dollar terms) since the March 2020 crash.
there was no offsetting move in any securities after the futures reopen (the 10Y traded back over 1.30% but the move was orderly) when over $4 billion notional, or some 24,000 contracts which is a massive amount of paper future contracts. It seems there was a concerted effort to smash the Bid Stack and set off a cascade of stop losses. Goldman Sachs is the latest major bank to downgrade their projections for China's GDP, France's wine production plummets 30% after cold spring and heavy rain.