P.M. Kitco Metals Roundup: Gold Ends Modestly Lower on Profit Taking, Chart Consolidation
Posted on January 23, 2013 at 13:58 PM EST
(Kitco News) - Gold prices ended a quiet U.S. day session weaker Wednesday, on a mild corrective, profit-taking pullback from recent gains. The market place is quieter this week, amid a lack of major, market-moving fundamental developments. The U.S. dollar index moving off its daily low and poking above unchanged was also a modestly bearish influence on the gold market Wednesday. February gold last traded down $6.50 at $1,686.70 an ounce. Spot gold was last quoted down $4.60 at $1,687.75. March Comex silver last traded up $0.178 at $32.355 an ounce.
(Kitco News) - Gold prices ended a quiet U.S. day session weaker Wednesday, on a mild corrective, profit-taking pullback from recent gains. The market place is quieter this week, amid a lack of major, market-moving fundamental developments. The U.S. dollar index moving off its daily low and poking above unchanged was also a modestly bearish influence on the gold market Wednesday. February gold last traded down $6.50 at $1,686.70 an ounce. Spot gold was last quoted down $4.60 at $1,687.75.  March Comex silver last traded up $0.178 at $32.355 an ounce.
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