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Gold, Silver Prices Hit Daily Highs As U.S. Dollar Index Under Pressure

Kitco News

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) -Gold and silver prices are up and have touched new daily highs in late-morning trading Wednesday. Both precious metals rallied at the same time the U.S. dollar index dropped to its session low. The gold and silver bulls have gained a bit of upside technical momentum at mid-week. August gold was last up $2.60 an ounce at $1,304.90 and July silver was up $0.217 at $16.76 an ounce.

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