Gold prices ended the U.S. day session solidly lower Monday, pressured by lower crude oil prices and a higher U.S. dollar index on this day. Gold and silver bulls had gained some upside technical momentum last week, but they are now fading again and need to show fresh power soon to suggest recent lows can be held. February Comex gold was last down $14.90 at $1,207.70 an ounce. Spot gold was last down $14.40 at $1,207.75. March Comex silver last traded down $0.527 at $16.53 an ounce.
