Yet, copper suffered losses, which is a bearish clue.

FORBES: P.M. Kitco Metals Roundup: Comex Gold Pushes Still Higher, At 3-Month High

But perhaps the most telling was copper, which suffered a 6.4% decline.

FORBES: Gold Not the Craziest Commodity for August

Other commodities sectors also suffered with gold, copper and zinc prices all falling.

BBC: NEWS | Business | Global markets feeling pressure