Gold Extends Early Losses As U.S. Dollar Rallies
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(Kitco News) - Gold prices have added to the modest overnight losses to trade moderately down in late-morning price action Thursday. A rally in the U.S. dollar index and lower crude oil prices are bearish "outside market" forces working against the precious metals markets today. April gold was last down $5.90 an ounce at $1,321.70.