What goes up must come down...

With the earlier news reports that the dollar is on the rise, it should be no huge surprise that gold numbers are reported slightly down. It was not a large decrease, only 40 cents, and investers in gold and other precious metal trading are awaiting the same news from the Federal Reserve before any huge changes are expected. According to AP News, there are no concerns when it comes to the supply side of gold:

On the supply side, gold warehouse stocks were unchanged at 7.55 million troy ounces as of late Friday, according to New York Mercantile Exchange data. Silver supplies were unchanged at 119.67 million troy ounces, while copper supplies fell by 201 short tons to stand at 35,706 short tons.