The US funds crash gold whilst the chinese are on holidays. Opportunistic vultures.
China is on holiday all this week, so there’s no buying coming from there. Plus you have other markets a little weaker, like crude oil. You’d think with the uncertainty of what’s going on (that gold would be firmer), but there’s just a lack of demand,” he said.
http://www.kitco.com/news/2013-10-01/KitcoNews_20131001DC_Gold-Falls-As-Market-Breaks-Support-At-1300-Little-Safe-Haven-Buying-Seen.html
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