Gold Lower as Stock Markets Rebound, U.S. Dollar Firmer

Gold prices are moderately lower in early U.S. trading Monday, pressured by the bounce in world stock markets to start the trading week. The higher U.S. dollar index on this day is also a bearish outside market force working against the precious metals. February Comex gold was last down $12.50 at $1,210.00 an ounce. Spot gold was last down $12.20 at $1,210.25. March Comex silver last traded down $0.227 at $16.84 an ounce.

Bookmark and Share