Gold holds key $4,000 support as analysts watch for signs of a bottom

From kitco.com

After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in. Although gold is looking to end its fifth straight week in negative territory, analysts have said that the precious metal has made some solid progress as it managed to hold support at a seven-month low above $4,000 an ounce. Spot gold last traded at $4,223 an ounce, up 0.28% on the day but down more than 2% on the week. The silver market has ... (full story)