Gold Trims Losses As Traders Buy The Dip
(Kitco News) - Gold prices in late-morning dealings Tuesday have erased most of the moderate losses seen overnight and in early U.S. trading. Bargain hunters have stepped in to buy the dip in prices, as key technical support around the $1,385.00 area has held, to also encourage some chart-based buying. August gold futures were last down $0.50 at $1,399.70.
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