Interesting but muted action has been present in gold prices recently.

Gold futures continue to trade under pressure today, with the most active December Comex contract currently down $7.60 and fixed at $1,215.60, a net decline of 0.62%.

Although gold futures finished fractionally higher on the day, it has closed lower on the week. This now marks the fourth consecutive week in which gold futures have closed lower and below the open on Monday.