Gold Seeker Closing Report: Gold and Silver Fall With Stocks

Jon Gold, Market Commentary, Precious Metals, Silver

The Metals:
Gold edged up to $1249.35 in Asia before it dropped back to $1241.45 at about 9AM EST and then bounced back higher into midday, but it then fell back off again in the last couple of hours of trade and ended with a loss of 0.54%. Silver slipped to as low as $17.122 and ended with a loss of 2.06%.
Euro gold remained at about 982, platinum lost $12 to $1262, and copper fell a couple of cents to about $3.01.
Gold and silver equities fell throughout most of trade and ended with about 3% losses.

This post was published at GoldSeek on 22 October 2014.