“Exchange operator CME Group Inc. said it briefly halted gold trading on Thursday morning to prevent excessive price volatility.  Stop Logic, a type of circuit breaker that pauses trading for between five and 20 seconds, was triggered in the December-delivery gold futures contract at 2:54 a.m. EDT and lasted for 20 seconds, the spokesman said. A set of automatic sell orders were triggered as futures neared $1,350 an ounce early in European trading hours, said George Gero, a vice president and precious metals strategist with RBC Capital Markets, in a note. The sales sent gold prices as much as $10 an ounce lower in the space of a minute, triggering the trading pause.”

http://online.wsj.com/article/SB10001424127887324576304579071062783325246.html

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