December 06, 2012 at 08:01 AM EST
Gold, Silver Melt To One-Month Lows; Time To Buy?
Gold bugs were undeterred by gold and silver prices' dip to one-month lows Wednesday after Goldman Sachs predicted less demand for precious metals next year as the economy improves and interest rates rise. Gold bulls urged clients to buy on the dip. Gold prices ended at $1,695.30 an ounce, down just 0.15%. SPDR Gold Shares (GLD), tracking a 10th of an ounce of bullion, closed at 164.12. PowerShares DB U.S. Dollar Index Bullish (UUP), measuring the
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