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Gold, Silver Prices Pressured by General Sell-Off In Raw Commodity Sector

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(Kitco News) - Gold and silver prices are modestly down in late-morning action Monday. Looking across the raw commodity price spectrum, most markets are down today, mainly on U.S.-China and worldwide trade war worries that could curtail demand for raw commodities. Gold and silver continue to want to act like commodities and trade with their commodity counterparts, instead of trading like safe-haven assets. August gold was last down $3.00 an ounce at $1,267.70.

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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