DXY is weak but the big problem (IMHO) at the moment is the spectre of a bond fire sale. From both the ECB and US Fed this will increase yields on bonds and so reduce the number of safe haven investors looking at gold and silver. If you can grab a guaranteed 2 or 2.5% in a Govt bond then PMs are less attractive. In the face of the bond issue and the low volume holiday attacks on PM prices (for example 4 July) then gold has held up reasonably well. Will be watching tonight's action carefully.
