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Gold Traders Quickly Step In To Buy Today's Dip

Kitco News

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices briefly slipped below unchanged levels in mid-morning U.S. dealings Tuesday. However, traders quickly stepped in to "buy the dip" in prices, to push gold back above unchanged and to trade modestly up on the day. A slumping U.S. dollar index early this week is working in favor of the precious metals market bulls. April gold was last up $3.70 an ounce at $1,330.10.

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