Gold was steady to higher through the first hour of the New York session on Friday, then declined sharply to lose nearly $15, but then turned around and regained all the lost ground, before cruising sideways through the Globex to finish at $884.00, up $1.00.

Our favorite gold stock, Avocet Mining, is looking battered!   But things look like they’re about to turn. A recent trading statement delivered positive news.