A.M. Kitco Metals Roundup: Gold Trading Near Steady but Bearish Outside Markets Limit Upside
(Kitco News) - Gold prices are trading near steady in early U.S. dealings Wednesday. Buying interest is being limited by bearish “outside markets” that include a stronger U.S. dollar index and weaker crude oil prices. However, there are clues that safe-haven investor demand continues to limit the downside in gold. April Comex gold last traded down $0.20 at $1,595.50 an ounce. Spot gold was last quoted down $4.10 at $1,596.00. May Comex silver last traded down $0.354 at $28.325 an ounce.