P.M. Kitco Metals Roundup: Gold Ends Weaker On Bearish Outside Markets, Technical Correction

May 09, 2013   |   May 2013 Bond Updates
(Kitco News) - Comex gold futures ended the U.S. day session modestly lower Thursday, on a corrective technical pullback from Wednesday’s solid gains, some weak economic data from China, and on bearish outside market forces—a firmer U.S. dollar index and weaker crude oil prices. June Comex gold last traded down $4.80 at $1,468.90 an ounce. Spot gold was last quoted down $4.30 at $1,470.50.  July Comex silver last traded down $0.027 at $23.90 an ounce.

View more at: http://www.forbes.com/sites/kitconews/2013/05/09/p-m-kitco-metals-roundup-gold-ends-weaker-on-bearish-outside-markets-technical-correction/
 
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