Profit taking hits gold, silver markets
(Kitco News) - The gold and silver markets have backed well down from their daily highs in late-morning trading Wednesday. Some normal profit taking from the shorter-term futures traders is featured on a quieter news day. December gold was last down $5.20 at $1,546.60. December silver was last up $0.057 at $18.355.
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.