GOLD JUST TANKED

Gold just tanked.

In early trade on Wednesday, the price of gold fell more than 1.5% in about 15 minutes, from around $1,195 an ounce to around $1,175.

Here's the ugly chart.

Here's the long-term chart of gold, which remains near multi-year lows since the precious metal topped out in 2011.

More to come...