Shanghai Gold Futures Plunge ~17% in Suspected Fat-Finger Event on May 19, Recover to 989.5 Yuan/Gram

GateNews
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According to Jin10, Shanghai gold futures main contract plunged approximately 17% on the evening of May 19, hitting a low of 830.52 yuan per gram before rapidly recovering and closing at 989.5 yuan per gram. National Securities Futures chief analyst Gu Fengda attributed the extreme volatility to large order misoperations or algorithmic trading glitches in the absence of breaking news, describing it as a technical impact that does not alter long-term market pricing logic.
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