Gold slid despite slightly weaker US Dollar after US CB consumer confidence missed forecasts in August. At the same time, inspiring data from the US real estate market created notable pressure on the yellow metal.
Silver was the only gainer despite lack of progress in the ECB talks regarding bond-buying program. Meanwhile, I-share ETF holdings remained unchanged last week.
Platinum tumbled as supply concerns eased. South African labour ministry announced that it will attempt to sign an agreement with labour unions at the meeting due on Wednesday.
Palladium was the worst-performer, tracking weakness of the base metals. Mixed news from China continued to pressurize the precious metal.