Gold and silver spot values experienced mixed results today, but are mostly feeling pressure as the week presses on. The eyes of the investing world continue to be fixated on geopolitical flashpoints from around the world, but the uneasiness surrounding them is beginning to subside.

There were a few US economic reports due out today, but they, for the most part, were ignored by the market. As we look ahead to the last three days of the week, economic data from the US and around the world is expected to be light and not of the markets-moving variety.

Investors Uneasiness Subsides After Rebels Cooperate

Over the weekend and through the early days of this week, investors have begun to take on more of an appetite for risk as a direct result of a few reports regarding the Malaysia Airlines flight MH-17 incident. Despite it being widely believed that pro-Russian rebels were behind the surface-to-air missile which brought the flight to the ground, those very same rebels have been seen completely cooperating with early investigation efforts.

Just over this past weekend there were reports flying around claiming that not only did the rebels return the bodies of the victims, but they also located and handed over to Malaysian authorities the two black box recorders that were recovered from the wreckage. Once investors received word of the rebels cooperating with the investigation, their uneasiness with regard to the stability of the eastern half of Ukraine subsided almost entirely. It is because of this that precious metals are conceding value through the first few days of the week.

In other news, the US Dollar is continuing to gain value due to both increased safe-haven demand in recent weeks as well as loosening EU monetary policy. In the wake of the ongoing Israeli ground invasion of the Gaza Strip, the US Dollar as well as precious metals have been on the receiving end of a lot of attention from investors who have been fearing the worst. Playing right into gains made by the US Dollar as a result of safe-haven demand is the increasingly loose monetary policy of the European Union. As loose monetary policy as instituted by the ECB continues to drive downward the value of the euro currency, the US Dollar has little else to do apart from making gains. It will be interesting to see how the greenback fares as risk-appetite exhibited by investors continues to wane through the last few days of the week.