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Gold, Silver Lose Altitude From Overnight Gains

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Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold and silver prices are still holding gains in mid-morning U.S. dealings Tuesday. However, prices have backed way down from the overnight highs on some normal profit taking from the shorter-term futures traders. Also, U.S. stock indexes are just under modest selling pressure so far today, which is a bit negative for the safe-haven metals, given the keener risk aversion in the world marketplace at present. December gold was last up $6.20 at $1,523.00.

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