A.M. Kitco Metals Roundup: Gold Lower, at 6-Mo. Low, on Technical Selling and Bearish WGC Report
(Kitco News) - Gold prices are trading moderately lower and hit a fresh six-month low overnight, in early U.S. dealings Friday. More technical selling pressure emerged overnight as gold prices fell below key near-term technical support levels. April gold last traded down $7.40 at $1,628.10 an ounce. Spot gold was last quoted down $6.70 at $1,628.25. March Comex silver last traded down $0.093 at $30.26 an ounce.