Market Buzz : Futures Update

Comex gold and silver futures are trading lower as reaction to the thwarted terror attack in the U.K. and U.S. has been muted. The market has become desensitized to possible terror attacks. It was a foiled attack, so gold ignored it as it trades at the top of its range.

Dec gold remains in a $610-$655 an ounce range. Gold is trading down $6.70 at $655.30 an ounce, while Sep silver is 22 cents lower at $12.35 an ounce.