We had some early fund buying this morning. And we had some midday trade buying.

It was a combination of long liquidation and fund selling. We do see rising copper stocks and that is some of the impetus behind the recent pressure.

There was some buying back in the early morning, but the market remains top-heavy, as market players are waiting for the results of auction of 10-year bonds this afternoon.

Early morning cheerfulness can be extremely obnoxious.

Everybody seems to be talking about the strength in the dollar. That gave an impetus for some profit-taking in the gold today.

We opened the day stronger and continued a little higher, and then as a slight surprise to some, ended up holding the positive tone throughout the day - whereas sometimes on days like this in the past you've given up the bulk of those gains. Silver, specifically, closed relatively close to the highs.