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Gold is at $1280.50 per ounce in early London trading, near the lower end of its three-day range. #Gold appears to be taking its direction mostly from US equity markets at the moment. 1/3 
Gold: On a slightly longer term perspective, #gold's rally has run out of steam in other currencies too, giving back aof the past few months gains.
2/3
2/3
Gold: Finally, #gold held by ETFs declined fractionally yesterday but the amounts were minimal.
As a side note, I'm going to stop daily reporting of gold held in ETFs unless the change is big (positive or negative) or we get a decent trend of selling / buying.
3/3
As a side note, I'm going to stop daily reporting of gold held in ETFs unless the change is big (positive or negative) or we get a decent trend of selling / buying.
3/3
