From Chris Mullen at GoldSeek.com...
Gold saw slight gains in Asia on Monday, before it fell back off in London and midmorning New York trade to drop as low as $1221.60 by 11am ET.
The Gold Price then rallied back higher into the close, and ended with a loss of just 0.06%.
The Gold Price in Euros rose to about €968 an ounce.
The Silver Price fell to as low as $17.87 by late morning in New York before it also rallied back higher in the last couple of hours of trade and ended with a gain of 0.11%.
Platinum lost $6.50 to $1500.50, and copper remained at about $3.29.
Gold Mining and silver equities fell over 1% by late morning before they rebounded a bit, but they still ended with modest losses.
Oil fell as the US Dollar index and Treasuries found slight gains ahead of this week's $102 billion in debt auctions that begin Tuesday with a $37 billion sale of 2-year notes.
The Dow, Nasdaq, and S&P waffled near unchanged and ended modestly lower as decent company news somewhat offset persistent worries over the economy.
There were no major US economic reports. Tuesday at 10:00 ET brings Existing Home Sales for July, expected at 4,720,000.
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