Gold Higher on a Short Covering Hop

Commentary for Tuesday, June 10, 2014 (www.golddealer.com) – Gold closed up $6.30 at $1259.80 on a short-covering bounce today despite a stronger dollar. But the mood on the floor continues to be very lackluster – so the bears and bulls are now tired. This from Ed Steer (Gold and Silver…

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Gold Remains Very Lackluster

Commentary for Monday, June 9, 2014 (www.golddealer.com) – Gold closed up $1.40 today at $1253.50 in another round of lackluster trading. The range remains tight (last week gold was up $7.00 and silver was up $0.31) so record equity markets create substantial headwind for the precious metals. Still the physical…

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