by Ed Steer, Silver Seek:

Gold was under quiet and somewhat uneven price pressure starting right at the Globex open in New York on Thursday evening — and that lasted until around noon in London on their Friday. It chopped a bit higher from that point until the collusive commercial traders of whatever stripe put in an appearance around 9:10 a.m. in COMEX trading in New York — and it was then sold/ engineered lower anew until 10:25 a.m. EDT. Its two rally attempts to get it above $4,525 spot were both capped — and from the 1:30 p.m. COME close onwards, it was sold lower anew until around 3:10 p.m. EDT. From that juncture it chopped quietly sideways until trading ended at 5:00 p.m.