….Gold Vulnerable

Today’s AM fix was USD 1,272.25, EUR 942.13 and GBP 790.12 per ounce. Yesterday’s AM fix was USD 1,283.50, EUR 950.04 and GBP 797.01 per ounce.

Gold fell $14.10 or 1.09% yesterday, closing at $1,273.70/oz. Silver slid $0.34 or 1.64% closing at $20.41/oz. Platinum dropped $30.50 or 2.1% to $1,406.99/oz, while palladium fell $15.47 or 2.1% to $714.83/oz.

Gold remains under pressure after the losses incurred yesterday. Gold has failed to rally despite Janet Yellen, the Federal Reserve’s chief in waiting, indicating she would continue the U.S. central bank’s ultra-easy monetary policy.

….read more HERE