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Precious metals continue to consolidate – gold price little changed

FastMarkets March 19th, 2014

Precious metals prices continued to consolidate on Tuesday with the complex pulling back by an average of 1.6 percent at the day’s lows, with the silver price down 2.6% at $20.62, while gold dropped to a low of $1,350.65. By the close they were down an average of 0.9 percent with the gold price finishing at $1,355.65 and silver at $20.82. The PGMs closed down around 0.6 percent.

Three warning signs from higher gold prices

MarketWatch - Gold Prices

LONDON (MarketWatch) — It is not often the financial markets reach a consensus. No one can agree whether the euro zone is now fixed or just getting ready for another crisis. Nor on whether the end of quantitative easing will crash the markets, or signal a return to normal growth. Or indeed on whether China is about to implode messily, or will power forward to dominate the coming century.

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