Gold pushes higher as traders once again “buy the dip”

(Kitco News) – Gold prices have moved above unchanged and are holding moderate gains in morning trading Thursday. Some perceived bargain hunting following Wednesday’s and overnight selling pressure is featured today. Also, there is a bit of uncertainty in the marketplace regarding the potential impeachment of U.S. President Trump. That has the U.S. stock market tentative, which in turn is providing some support to the safe-haven gold and silver markets. December gold was last up $5.80 at $1,518.20.

By Jim Wyckoff
For Kitco News

Contact jwyckoff@kitco.com
www.kitco.com

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