Gold falls 0.6% to $4,140.57/oz in New York; silver edges up 0.15%

The divergence is the story here: gold's intraday reversal from its Beijing-time high into a weaker New York close, while silver held a modest gain, suggests profit-taking in the yellow metal rather than a broad precious-metals selloff. The Philadelphia Gold and Silver Index falling nearly 1% shows equity holders felt the move more sharply than the spot complex. Whether gold's pullback extends or the dip gets absorbed is the open question, with silver's relative firmness the tell to watch.