Gold stumbles, again, to $1,320 lows

FXstreet.com (Chicago) – Gold fell sharply to $1,320 lows and now trades at $1,321.30, retracing 0.21% so far. Silver matches weak performance and losses 0.53% to trade at $23.66 with lows at $21.41 and highs at $21.80.

Was it Wall Street’s end of losing strike that fueled the metal’s price action or improved job market data results in the US? Amid market concerns on the US debt ceiling, metals print losses on the last Friday before October.