The biggest news of the day may well have been technical, insofar as the 1300 support level did not hold in afternoon trading today. More on that in our other areas below and on today's video.

News was slim today and so it was cause to say "meh."

There are many experts out there today explaining that the reason gold took a hit today is because they have read some special meaning into Janet Yellen's post-FOMC press conference last week. That's pure hogwash.