Make Kitco Your Homepage

Gold trims overnight losses as U.S. stock market weakens

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) - Gold has erased some of the solid overnight price losses in  mid-morning U.S. dealings Tuesday. The safe-haven metal has come up from its daily lows as the U.S. stock market has turned down. Would-be bargain hunters have also stepped in to "buy the dip" in gold prices. December gold futures were last down $4.60 at $1,506.50.

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.