Steady down move after 10:00 AM in the face of a big rally in equities. Fiscal Cliff deal was more of a tax increase deal than anything else, and may well tip the US into a recession.
"Fiscal Cliff deal was more of a tax increase deal than anything else"
Long gold or not, THAT is a fact.
THAT is why they call it DOPE!... +.71% is a BAD day?
+.71% is about 1/4 of what stocks did. Stocks ended near the highs, GLD ended near the lows. It is certainly possible that some people sold GLD today to move into stocks!