Gold Prices Weaker as U.S. Dollar Index Hits 4-Year High Overnight

Gold prices are modestly lower in early U.S. trading Monday. The yellow metal bulls continue to find it very difficult to shake off the negative impact of a stronger U.S. dollar against the other major world currencies. The U.S. dollar index notched another four-year high in overnight trading. February Comex gold was last down $2.50 at $1,195.90 an ounce. Spot gold was last down $6.80 at $1,195.75. March Comex silver last traded down $0.029 at $16.43 an ounce.

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