Gold Moves Above Unchanged As Traders Once Again “Buy The Dip”

(Kitco News) – Gold prices have erased modest early losses and are trading mildly up in late-morning dealings Thursday. Bullish traders once again took the opportunity to buy the dip in prices. Wobbly world stock markets at present are also prompting some safe-haven demand for gold and silver. December gold was last up $2.80 at $1,530.60.

By Jim Wyckoff
For Kitco News

Contact jwyckoff@kitco.com
www.kitco.com

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