Gold prices are solidly lower in late-morning U.S. dealings Thursday, as the selling pace has picked up from moderate losses seen in early trading. The uptick in the U.S. dollar index has combined with rallying U.S. stock indexes to put significant downside price pressure on the safe-haven gold market. The gold bulls are also losing technical momentum, which is prompting some fresh chart-based selling interest. December Comex gold was last down $17.50 an ounce at $1,228.00.
