31st August, 2016

 After several inconsistent sessions over the past few days, gold finally “played to the script” on Tuesday, selling off by roughly $11/ounce to a sixweek low, as the specter of a stronger dollar weighed on the complex. It is worth noting that gold sold off on Monday as well by a similar amount, but the complex confounded expectations that day by making up lost ground to finish roughly unchanged. Not so on Tuesday, as the losses stuck. Silver also lost substantial ground, off roughly $.20/ounce, while platinum and palladium were each down by about $20–$24/ounce, hitting multiweek lows in the process.