Gold (GLD) price chart above.
Gold prices rallied around 10am on high volume only to fizzle out on closing with a slight gain of 0.21%. The US markets closed lower with S&P 500 Index leading the decline with a 0.57% loss, NASDAQ down 0.27% with Dow Jones Industrial Average also lower by 0.21%.
Canadian markets bucked the trend with a 0.23% gain for the day on heels of stronger Petroleum (up 0.50%) and metal prices.
SiAlpha continues to have a POSITIVE signal for gold (GLD) in the immediate and short-term.