(Kitco News) – Gold prices ended the U.S. day session moderately lower again Thursday. A strong rally in the U.S. dollar index has once again put the precious metals market bulls on the defensive. Gold and silver bulls have now lost their recently gained upside technical momentum. June Comex gold was last down $8.40 at $1,194.70 an ounce. May Comex silver was last down $0.269 at $16.185 an ounce.

