June futures have fallen hard from its 1:30 p.m. close of $1254.40, which matches Tuesday's close of $1254.30. So far, it has cratered to $1244.00 and is attempting to stabilize.
At this time, the only relevant news to the Gold market and Gold stocks was the halt of Graco Inc. GGG, which was down $0.80 at $84.64 and just reopened at $82.20.
The company was supposed to report after the close, but results were leaked early. For Q1, it reported a miss of $0.70 vs. $0.76 along with a revenue miss $304.9 million vs. $309.30 million estimates.
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