A Big Correction for Gold And Silver

Gold was in another correction mode on Thursday morning—the fourth in less than a month—dipping below $1645; proving wrong those expecting the precious metal to hit $3000 by this year’s end. Silver dipped below $30. Gold ETFs like SPDR Gold Shares (NYSE:GLD) were also sharply lower (down 1.53 percent); silver ETFs like ISHARES SILVER TRUST (NYSE:SLV) followed through in sympathy (down 3.82 percent) - in Forbes Blog

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Gold, Silver decline on sluggish demand, global cues

Both the precious metals, gold and silver, declined in the national capital today owing to subdued demand at prevailing higher levels amid a weak global trend. Traders said subdued demand from retailers at prevailing higher levels and a weak global trend mainly led to fall in both gold and silver prices. Gold in global markets, which normally set price trend on the domestic front, fell by USD 9.90 to USD 1,646.90 an ounce and silver by 0.07 per cent to USD 30.16 an ounce in New York last night. - in India Economic Times

Gold futures retreat after recent gain

Gold futures slipped Wednesday, pulling back after a sizable gain in the previous session, as a stronger dollar and a climb in U.S. equities lured some investors away from the precious metal. - in Market Watch