Who Was Buying Gold Today?

Stocks finished higher and
Treasuries finished mixed.

Equity

The Nasdaq
future
(
NDU3 |
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was down 9.00 to close at 1210.50. The S&P 500 contract
(
SPU3 |
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was up 3.50 to close at 978.00, and the Dow
(
DJU3 |
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was up 62
at 9182.

Fixed Income

U.S. Treasuries finished mixed but managed to hold onto their
gains of the past few days.
The 10
year futures contract
(
TYU3 |
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was up -030 to close at 112-180; the 30 year
(
USU3 |
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was down by -06 to close at 107-21; and the five year note was up by 0-035 at 112-105
(
FVU3 |
Quote |
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PowerRating)
.

Metals

August gold
(
GCQ3 |
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was higher by 3.80 at 357.10
on the back of hedge fund buying. Silver
(
SIU3 |
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News |
PowerRating)
was down by 4.6 at 499.2. Copper was
down by 1.35 at 80.15
(
HGU03 |
Quote |
Chart |
News |
PowerRating)
, and aluminum
(
ALU03 |
Quote |
Chart |
News |
PowerRating)
was down up by .0080
.6580..

Energy

August crude
(
CL03Q |
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PowerRating)
oil was up by .21
to close at 32.18. Natural gas was up .045 to close at 5.037
(
NG03Q |
Quote |
Chart |
News |
PowerRating)
.

Currencies

The USD index
(
DX03M |
Quote |
Chart |
News |
PowerRating)
was higher by .61 to close
at 96.57.