It depends on how gold plummeted! But whatever the reason, its final impact on the stock market is very limited!

As far as this plunge is concerned, the number of roads is as follows:

The U.S. strategy of flipping national debt has disappointed the market, and the expectations of QE3 have basically failed. The effect of this strategy is doubtful! As a result, the stock market plummeted! The dollar index rebounded, and the demand for safe haven of gold was greatly reduced. This is the most fundamental factor!

The reason why gold rose so high before was the strong demand for safe haven. Once the funds return to the US dollar, its already high gold price is too far from the cost price, and a plunge is inevitable!

At the same time, the stock market crash is not entirely caused by the appreciation of the US dollar. There have been many times before when the dollar rose with the stock market. This time it is mainly because of the unexpected operation strategy of the American money market!

If one day, the United States or an international power increases its gold reserves in large quantities, such as India, and gold soars again, but reduces its inventory reserves and sells gold in large quantities, then the gold futures price will also plummet, but this will have little impact on the stock market.

The money spilled from gold futures will be invested in other financial products, but not necessarily in the stock market. This requires a specific analysis of the current operating conditions of each market, not one or two sentences can make it clear!