What Side Of The Gold Market Was Buying Gold?

Equities, again, finished
lower for the day, while Treasuries finished mixed.

Equity

The Nasdaq
future
(
NDU3 |
Quote |
Chart |
News |
PowerRating)
was down 47.00 to close at 1253.00. The S&P 500 contract
(
SPU3 |
Quote |
Chart |
News |
PowerRating)
was down 15.0 at 980.00, and the Dow
(
DJU3 |
Quote |
Chart |
News |
PowerRating)
was down 55 at
9033.

Fixed Income

U.S. Treasuries finished mixed for the day.
The 10 year futures contract
(
TYU3 |
Quote |
Chart |
News |
PowerRating)
was down -020 to close at 114-215; the 30 year
(
USU3 |
Quote |
Chart |
News |
PowerRating)

was unchanged at 112-14; and the five year note was down -015 at 113-175.
(
FVU3 |
Quote |
Chart |
News |
PowerRating)
.

Metals

August gold
(
GCQ3 |
Quote |
Chart |
News |
PowerRating)
was up 1, closing at
344.00 on the back of reported strong physical demand. Silver
(
SIN3 |
Quote |
Chart |
News |
PowerRating)
was up
1.20 at 4.69. Copper was
down .20
at 78.40
(
HGU03 |
Quote |
Chart |
News |
PowerRating)
, and aluminum
(
ALN03 |
Quote |
Chart |
News |
PowerRating)
was down at .6550.

Energy

August crude
(
CL03Q |
Quote |
Chart |
News |
PowerRating)
oil was up by .09 to
close at 31.50. Natural gas was unchanged at 5.050
(
NG03Q |
Quote |
Chart |
News |
PowerRating)
.

Currencies

The USD index
(
DX03M |
Quote |
Chart |
News |
PowerRating)
was up .19 to close
at 97.19.