
Gold weaker but moves up from daily lows on downbeat U.S. data
(Kitco News) - Gold prices are moderately lower in midday U.S. trading Wednesday, but have moved well up from solid overnight lows following some weaker U.S. economic data released this morning. Silver prices are solidly down. This week’s big drop in crude oil prices is also a negative for the gold and silver markets. June gold was last down $15.20 at $3,318.60. May silver prices were last down $0.67 at $32.605.
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