Gold Ends Weaker as U.S. Dollar Index Hits 11.5-Year High

Gold prices ended the U.S. day session modestly lower Wednesday. A stronger U.S. dollar index that posted an 11.5-year high was a significantly bearish “outside market” force working against the precious metals and many other raw commodity markets on this day. April Comex gold was last down $3.90 at $1,200.50 an ounce. May Comex silver was last down $0.126 at $16.17 an ounce.

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