Gold prices ended the U.S. day session modestly lower and closed at a three-week low close Tuesday. The precious metal saw selling pressure following a U.S. GDP report that was hotter than expected and which in turn boosted the U.S. dollar index to a four-year high. Some more technically related selling pressure was also featured in gold, following Monday’s losses. Thin trading conditions this week are exacerbating price moves in many markets, including gold and silver. February Comex gold was last down $4.30 at $1,175.50 an ounce. Spot gold was last down $1.60 at $1,175.50. March Comex silver last traded up $0.022 at $15.71 an ounce.
