(Kitco News) - The Bank of England was unchanged on rates - Rates were expected to remain on hold. It was 7-2 to maintain gilt purchase - 8-1 was expected - Ramsden and Saunders dissented (wanted a cut to £840 bln).
(Kitco News) - Gold and silver are trading marginally lower leading into the European open. Gold is still under the $1800/oz area after falling consecutively for three straight sessions. Silver is coming up to a support level at $23.78/oz on the daily chart but the price is looking very soft.