Gold prices are now trading just modestly lower in mid-morning dealings Tuesday, and have recovered much of the losses seen in earlier trading, which pushed gold to a two-week low. A weaker-than-expected U.S. retail sales report and an ensuing drop in the U.S. dollar index price to solidly lower on the day provided the upside lift to the gold market. June gold was last down $1.80 an ounce at $1,197.50.
