With gold and silver ending a bad week on a low note, during what is seen as an “historically weak period for precious metals,” one trader tells MarketWatch that gold’s “current price weakness seems technically driven, as it is counterintuitive to the broader and longer-term macro fundamentals.” He cites “central banks diversifying out of U.S. dollars and into gold (China and Russia), India relaxing import restrictions, geopolitical tension all around the world,” adding that the “cure for low prices is, low prices. Bulls will argue that the lack of bullish sentiment may serve as a contrarian signal and therefore prices could 
soon attract fresh buying interest.”
See also:
Hard Assets Investor/Zero Hedge: Jim Rogers buying gold dips but not U.S. stocks; The global death cross just got deathier
SafeHaven/The Daily Gold: Precious metals market report; Updated gold and silver COTs
Reuters/Coin News: US gold coin sales rebound, platinum sales slide; U.S. Mint ends American Silver Eagle rationing
Mineweb: China and India consuming more gold than the world mines
MoscowTimes/Eurasia Review: China to resume investment talks on $10 billion port in Crimea; A Chinese Silk Road now runs through Crimea
CNN/Washington Post: Ukraine’s President-elect vows vengeance over helicopter attack; Russian troop withdrawal brings no relief in eastern Ukraine