Gold sees slight price weakness amid firmer USDX

Gold sees slight price weakness amid firmer USDX

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( Kitco News ) – Gold futures prices are a bit lower in early U.S. trading Monday. The precious metals continue to trade in an inverse fashion with the daily movements of the U.S. dollar index, which is higher today. Losses in the yellow metal are limited to start the trading week, as U.S. and global stock markets see some selling pressure. December gold futures were last down $0.90 at $1,904.30 and December Comex silver was last down $0.365 at $24.31 an ounce.

Global stock markets were mostly down overnight. U.S. stock indexes are set to open the New York day session lower. Trader and investor attitudes are more downbeat to start the trading week, as the Covid-19 […]

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