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The day’s biggest mover was Chinese palladium bar, dropping 3.1 percent on Tuesday, June 18. US palladium bar prices saw a 2.3 percent decline. Following two days of downward movement, the price of Japanese palladium bar held steady.

Japanese platinum bar ended the day after a 1.5 percent drop on Tuesday. The price of US platinum bar fell 0.8 percent. Chinese platinum bar closed 0.3 percent lower.

Indian gold bullion prices rose 0.9 percent. The price of Japanese gold bullion, following a couple days of improvement, fell by 0.9 percent. US gold bullion finished the day down 0.5 percent. Chinese gold bullion fell 0.4 percent yesterday.

Japanese silver saw its price rise 1.2 percent. Weakening prices followed two days of improvement as the price of US silver dropped 1.1 percent. Indian silver gained 1.0 percent. The price of Chinese silver declined 0.1 percent.

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Article source: http://agmetalminer.com/2013/06/19/gold-silver-prices-rising-as-platinum-and-palladium-fall-on-daily-index/

From Zero Hedge:

In what year was the following written?:

The Federal Reserve appears on track to buy the entire [amount of] government debt it has committed to purchase, barring a sharp, unexpected shift in the economy’s prospects.

If anything, lingering weakness and renewed concerns about global credit markets may lead top officials to lean toward doing more rather than less.

Policymakers would not likely have committed to a significant upfront figure if they saw the possibility that they would need to change course shortly thereafter. Instead, officials view the move much like traditional interest rate cuts, which are rarely taken back so rapidly.

A recent batch of better-than-expected economic data, including a relatively upbeat reading on the job market, has raised questions about whether the Fed acted prematurely in pulling the trigger…

The Treasury market has been selling off sharply, in part as a response to the somewhat brighter landscape.

The answer: 2010. The 10-Year [Treasury yield] back then was 3.40%.

But yes, baffle ‘em with enough BS, and three years later everyone will forget that the “taper” is nothing new.

It happens every year or so, and without fail it is accompanied by a “sharp bond sell off” as a “response to the somewhat brighter landscape,” only for central planning to go right back to doing the only thing it can

Article source: http://www.thedailycrux.com/Post/42917/what-history-says-about-ben-bernanke-and-the-end-of-qe-

Gold prices fell by Rs 80 to Rs 28,400 per ten grams here today due to slackened demand amid a weak global trend. On the other hand, silver ready ruled flat at Rs 44,600 per kg, while weekly-based delivery shed Rs 80 to Rs 43,780 per kg on lack of speculators’ buying support.

Sentiment in gold turned bearish after it dropped to over three-week low in the global markets as investors await the conclusion of the US Federal Reserve’s policy meet, traders said.

Also, sluggish demand due to off-marriage season put further pressure on gold. Globally, gold in Singapore, which normally sets price trend on the domestic front, traded at USD 1,365.22 an ounce from USD 1,367.65 yesterday. Silver also fell 0.2 per cent to USD 21.63 an ounce.

On the domestic front, gold of 99.9 and 99.5 per cent purity fell by Rs 80 each to Rs 28,400 and Rs 28,200 per ten grams, respectively. The yellow metal had gained Rs 230 yesterday. Sovereign, however, held steady at Rs 24,400 per piece of eight gram. Meanwhile, silver coins continued to be asked around previous level of Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.

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Gold futures prices down on weak global cueshttp://www.indianexpress.com/news/gold-price-falls-on-global-cues--silver-ends-steady/1131105/

From The Gold Report:

Data on trades made by company insiders — key executives and directors — demonstrates to Ted Dixon, co-founder and CEO of INK Research, that most of them are contrarian in their approaches… In this interview with The Gold Report, Dixon shares the names of frequent traders in recent months, along with insights into why, when, and how insiders are trading.

The Gold Report: Ted, INK Research monitors stock transactions made by key executives and directors inside their companies and uses that data to develop sentiment indicators for various indices and sectors. How does your system work?

Ted Dixon: When we look at a market and a sector, we use insider activity — buys and sells in the public market — to get a sense of how those insiders feel, not just about their company, but about the overall market or sector. This led us to develop what we call a sentiment indicator, which is basically a daily poll of insiders. You could compare it to the polls you see during election campaigns. Every night, we take a poll of what insiders are doing within the market and the sector. We aggregate all of the buys and sells in the different companies in that sector to get a sense of the overall mood of insiders in that area.

TGR: The sentiment indicators at the moment show almost twice as much…

Read full article…

More on gold:

Porter Stansberry: If you don’t own gold, it could soon be too late

Eighty years

Article source: http://www.thedailycrux.com/Post/42915/what-gold-company-insiders-are-doing-with-their-own-money-now