The precious metal gold fell

[gnutrade.satya]

The precious metal gold fell when strong US home sales data boosted equities and limited the precious metal's safe-haven appeal. Bullion was pressured as US stocks gained ground when the data showed sales of new US single-family homes rebounded in June from May's record low.
Robin Bhar, an analyst at Credit Agricole said: "gold could still benefit from financial uncertainty despite easing worries about debt held by banks. The factors pushing gold haven't gone away."
The August contract for gold settled down $4.70 at $1,183.10 an ounce.

[Nicholas_B]

with Gold prices down even a a small amount shows that the economy is still phase shifting.