METALS: August gold futures closed down $3.10 an ounce at $1,295.20 today. Prices closed nearer the session low today. Gold bears have the slight near-term technical advantage. A three-week-old downtrend line is in place on the daily bar chart.
December silver futures closed up $0.021 at $20.665 today. Prices closed near mid-range today. Prices are in a three- week-old downtrend on the daily bar chart. The bears have the slight near-term technical advantage.
Bullion Market Report As on 31st April 2014