Another down day for gold takes has the metal at least momentarily falling below $1,300 per ounce. It's currently -0.8% and right at the $1,300 level.
Gold nearly touched $1,400 per ounce amid Ukraine tensions in overnight trading at the start of last week. The situation there seemingly settled, the hawkish FOMC decision and Yellen press conference on Wednesday dealt another blow to the metal.
GLD remains higher by 7.5% YTD.