The Crossword Centre Clue-Writing Competition

CCCWC November competition voters’ comments
 
Clue no. 21: Gold regained ground as Euro in freefall?(12)

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A clue to DEGRINGOLADE.
3 comments refer to this clue (from 3 competitors, 0 others)

Here is the text

Comments on the clue
1.The topicality is a little forced, but it's a very good anagram idea
2.Very good wordplay but I can't see "Euro in freefall" as an instance of "degringolade". The example would be the Euro not its fall.
3.A very nice anagram & a.i., but the definition doesn't really work. A pity that it mars an excellent surface.