Gold Extends Early Gains To Trade Sharply Up As USDX Continues To Weaken

(Kitco News) – Gold prices are sharply higher and near their daily highs in late-morning trading Thursday. The precious metals are getting a solid boost from a big drop in the U.S. dollar index today, showing its largest daily loss in quite some time. December gold was last up $18.20 an ounce at $1,233.20.

By Jim Wyckoff
For Kitco News

Contact jwyckoff@kitco.com
www.kitco.com

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