Gold trims overnight losses as U.S. stock market weakens

(Kitco News) – Gold has erased some of the solid overnight price losses in mid-morning U.S. dealings Tuesday. The safe-haven metal has come up from its daily lows as the U.S. stock market has turned down. Would-be bargain hunters have also stepped in to “buy the dip” in gold prices. December gold futures were last down $4.60 at $1,506.50.

By Jim Wyckoff
For Kitco News


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