Gold Prices Continue To Lose Altitude Amid Bearish Outside Markets

(Kitco News) – Gold prices are sharply lower, at daily lows and July Comex futures have hit a more-than-four-month low in late-morning action Thursday. The yellow metal’s price drip corresponds with a modest rally in the U.S. dollar index this morning and solidly lower crude oil prices that hit a four-week low. June gold was last down $14.30 an ounce at $1,269.90.

By Jim Wyckoff
For Kitco News


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