Gold Closes at 13-Week Low As Stock Market Slips

World stock markets are falling somewhat from their recent all-time highs today, pushing gold down to $1269 per ounce - a loss of $5 an ounce.

Crude oil is up somewhat today. Base metals returned much of their recent 25 percent gains from the last two trading quarters. The U.S. bond prices are up, as are other major government bonds, lowering overall yields.

October's U.S. jobs report was a disappointment for many, with overall weaker growth than expected. However, civilian unemployment is down to 4.1 percent - the lowest in 17 years. The dollar is stronger as a result.