Safe Haven Interest Lessens, Weakens Gold

Precious metals are weaker across the board today, as spot prices fell between 1 percent for gold and 1.7 percent for silver.

Base metals at the three-month mark rose an average of 0.5 percent this morning in London. Aluminum and lead prices came in at a slightly lower rate than the rest, with tin prices at 0.3 percent and zinc showing 1.4 percent. Copper rose 0.7 percent to $5,777 per ton.

The Dow Jones industrial fell somewhat yesterday, at 20,913. The Nikkeu and Kospi both gained 0.6 percent. The CSI 300 fell 0.5 percent, and the ASK 200 is also down 0.3 percent. The dollar index isn't falling any more, at 99.05. The euro posted 1.0920. The sterling is at 1.2897, and the yen fell to 112.06.