The Month in Gold

ReutersWhere it all begins

It’s been a hectic few days for gold (GLD), what with its still-mysterious fall on Wednesday, an international contretemps, news of several gold ETFs readying for launch and expectations of a bump in Chinese trading next week.

To put it in some sort of context, here’s the month’s action in gold courtesy of Dow Jones’ data.

• Down 0.4% in November, to $1,710.90 an ounce.
• Second straight month of decline, now down 3.4% in the past two months.
• Comex Gold fell 2.3% this week.
• Year-to-date it’s up 9.3%.

And for the silver bugs (SLV) out there: Comex Silver gained 2.8% this month and is up four of the past five months; the metal is up 19% in 2012.