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Gold Loses Modest Gains in Late-Morning Action

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(Kitco News) - Gold prices are trading near steady in late-morning New York trading Thursday. Some mild profit-taking pressure from the shorter-term futures traders is featured, following this week's gains that pushed prices to a three-week high earlier today. December gold futures were last traded up $0.20 an ounce at $1,284.00.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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