(Kitco News) – Gold prices are holding near steady in morning dealings Wednesday, and have regained the moderate losses seen in overnight action. The gold market remains fully bullish, technically, which continues to allow traders to step in and buy dips in prices. A lower U.S. dollar index today is also prompting some buying interest in the precious metals markets. December gold was last down $0.40 at $1,555.30.
By Jim Wyckoff
For Kitco News
Contact jwyckoff@kitco.com
www.kitco.com
