On September 23, Grant and Boutwell met and the two decided to break the "Gold Ring" by selling gold from the treasury if the gold price continued to rise. On September 24, Gould began quietly selling his gold while "Gold Room" agents put up a public front and continued buying at a lesser rate with Fisk leading the spurious buying activity. When gold had surpassed $155 an ounce on Friday September 24, Grant ordered Boutwell to release $4 million in gold and buy $4 million worth of bonds. Within minutes, the price of gold dropped from $160 an ounce to $138 and Gould's and Fisk's gold corner was broken. Some speculators were ruined, while gamblers who had bet that the gold price would go down made money. Corbin lost money on the loan he had taken to buy gold.