Gold Weaker, At 5-Mo. Low; More Downside Likely, Unless…

(Kitco News) – Gold prices are modestly lower and dropped to another five-month low in early U.S. trading Thursday. A strong U.S. dollar continues to cast a bearish shadow over the precious metals markets. June Comex gold futures were last down $3.30 an ounce at $1,288.20. July Comex silver was last up $0.079 at $16.45 an ounce.

Bookmark and Share