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Talk of a “double-dip” in the economy by President Obama pushed gold lower in trading yesterday. The pullback was further compounded by a rally in the US Dollar index, which rallied ever so slightly. Since hitting $1,153 on Wednesday, we have seen gold tread water. Silver eased back too, from 16 month highs, as it tracked the price of gold and the rebound in the USD.
| METAL | LEVEL | CHANGE |
| GOLD | $1,142.15 | -$1.27 |
| SILVER | $18.32 | -$0.17 |
| TIME | MARKET DATA |
| NO MAJOR ANNOUNCEMENTS | |
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