Gold was flat until just before the London open on Thursday, then commenced a long, slow slide that continued until the noon hour in New York, with a bottom at $926 before some uninspired late day buying pushed it to a finish at $928.80/oz., down $11.50. For the week, gold lost 1%.

Gold was only modestly higher from the overseas markets to the New York open on Wednesday, but it spiked up to mid-morning at that point, leveled off, spiked again at the noon hour, then drifted lower through the rest of the day, to finish at $940.30/oz., up $13.70. Overnight, gold is trending lower.

Investors heading for the exits ahead of the Canada Day holiday as a sea of red engulfed the Canadian Markets during Tuesday’s session. For the tale of the tape, the TSX Exchange down 0.97%, while the TSX Gold Index fell 2.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 1.23% with the decliners edging out the advancers by a 413 to 361 margin on 151 million shares traded.

Gold held in positive territory until the first hour of New York trading on Tuesday, then really hit the skids, plummeting nearly $20 by late morning before inching forward through the rest of the day, finally finishing at $926.60/oz., down $10.70. Overnight, gold has been trending higher.

The bigger board resource stocks continued to ascend to higher levels but the more junior exploration stocks fell victim to a lack of buyers during Monday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange added 0.84%, while the TSX Gold Index tacked on 0.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.54% with the decliners edging out the advancers by a 443 to 342 margin on 161 million shares traded.

Gold had a very inconclusive day on Monday, rising from the far East to a peak of $942 in early New York trading, then plunging back to $934 at mid-morning, before moving in fits and starts through the rest of the day, to finish at $937.30/oz., down $1.70. Overnight, gold is trending higher.

It was yet another quiet Friday trading session on the Canadian Markets. For the tale of the tape, the TSX Exchange added 0.33%, while the TSX Gold Index gave back 2.1% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 0.77% with the advancers edging out the decliners by a 410 to 359 margin on a weak 131 million shares traded.

Gold had a very dull day on Friday, rising from Hong Kong through to the first hour in New York, peaking at $948, then getting sold off to the noon hour, where it bottomed at $937, then going essentially flat to the finish at $939.00/oz., up all of 10 cents. For the week, gold tacked on just over half a percent.

The resource bulls continued to trample the bears during Thursday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange added 2.52%, while the TSX Gold Index climbed another 4.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 1.14% with the advancers edging out the decliners by a 411 to 374 margin on a weak 123 million shares traded.

Gold was dead flat until an hour before New York opened on Thursday, at which point it commenced a daylong rally that pushed it higher, albeit not very dramatically, as it plodded to a finish at $938.90/oz., up $6.80. Overnight, gold is trending higher.