Gold prices were moderately lower and hit a fresh 3.5-month low during U.S. trading Wednesday. The very strong rally in the U.S. dollar index continues to cast a bearish pall over the precious metals markets. April Comex gold was last down $10.50 at $1,149.60 an ounce. May Comex silver was last down $0.293 at $15.34 an ounce.
