Gold Update
Gold is down 0.3% to 814.30. In premarket trading Gold dipped to 812 but recovered to rally past yesterday’s high of 822.90. Gold could not break through resistance near intraday highs of 824.50, and sold off as floor trading began. Gold is now hovering around yesterday’s close of 816.80 with support down at 811.30 and the key 800 level.