Gold Slips Below Unchanged As U.S. Stock Indexes Hit Daily Highs

(Kitco News) – Gold prices have lost mild early gains in late-morning U.S. action Monday. The yellow metal slipped as the U.S. stock market is in rally mode and the indexes have just hit daily highs. There is once again keener risk appetite in the world marketplace to start the trading week–mainly due to upbeat expectations about a U.S.-China trade deal being reached soon. April gold was last down $1.90 at $1,330.90.

By Jim Wyckoff
For Kitco News

Contact jwyckoff@kitco.com
www.kitco.com

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