(Kitco News) – Gold prices have lost over half of their early U.S. gains in late-morning action Monday. A surge in the U.S. dollar index has tempered safe-haven demand that has occurred in the wake of the major attack on Saudi Arabia’s oil infrastructure. December gold was last up $4.10 an ounce at $1,503.70.
By Jim Wyckoff
For Kitco News
Contact jwyckoff@kitco.com
www.kitco.com
