Gold Prices Push Sharply Up As Traders Buy The Dip

(Kitco News) – Gold prices are sharply higher in late-morning trading Friday, as bullish traders took advantage of a mid-morning dip to do some perceived bargain hunting. Bulls have a full head of steam heading into trading action next week, and more upside in prices is likely, including new highs for the year. December gold was las up $23.30 at $1,455.90.

By Jim Wyckoff
For Kitco News

Contact jwyckoff@kitco.com
www.kitco.com

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