Gold Erases Losses As U.S. Dollar, Stock Market Show Weakness
(Kitco News) - Bargain hunters have stepped in to buy the dip in gold prices, which have pushed above unchanged and are at daily highs in late-morning dealings Tuesday. A slumping U.S. dollar index and a sell-off in the U.S. stock indexes are supporting the buying interest in the gold market. December gold was last up $2.10 an ounce at $1,281.30.
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