Make Kitco Your Homepage

Gold Prices Reach Daily Lows As U.S. Dollar Strengthens

Kitco News

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices are trading moderately lower in morning U.S. dealings Thursday. The yellow metal was steady to slightly lower at the start of U.S. futures daytime trading, but have dropped as the U.S. dollar index has pushed to its daily high and is trading moderately up. The greenback is being supported today partly on fresh worries about secondary currency markets continuing to erode against the dollar. Gold bulls are presently frustrated their precious metal has not responded to those concerns, at least not yet. December gold was last down $8.50 an ounce at $1,203.00.

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.

Precious Metal Charts

Follow Kitco News