Odd with the producers.
I expected an up day today on what I thought was a great bounce off intraday lows for gold in US trade.
Also gold now at 1660 and was only 1645 on Friday afternoon our time when our market closed.
I'm guessing this is follow through momentum selling (especially the computer based trading) for those producers that dropped on Friday.
These days so much trading appears to be based on technicals and momentum with less regard in the short term for fundamentals.
Let's see how they go by the close and next few days as well.
abm produced 3.3 million ounces of gold, page-5
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