Gold Prices Slip Lower As U.S. Dollar Strengthens

(Kitco News) – Gold prices have lost their mild early gains and are trading moderately lower and at their daily lows during late-morning dealings Tuesday. The yellow metal lost altitude at the same time the U.S. dollar index moved to its daily high, while also at the same time crude oil prices are losing their earlier gains. February gold was last down $4.10 an ounce at $1,224.50.

By Jim Wyckoff
For Kitco News


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