Make Kitco Your Homepage

Gold Prices Trading Near Daily Lows In Late-Morning Action

Kitco News

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold prices are holding moderate losses and have slightly extended overnight declines, as midday approaches. The U.S. dollar index has moved to its daily high, which has added some downside pressure on the gold and silver markets.
However, losses in gold are being somewhat limited by ongoing concerns about the health of the U.S. stock market following recent selling pressure that did produce near-term technical damage. December gold was last down $5.10 at $1,223.60.

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