14.04.2016 - Profit-Taking Hits Gold; Silver Pushes Still Higher
Gold prices ended the U.S. day session lower Wednesday, on a corrective pullback from recent gains, some profit-taking, and as investor risk appetite was on the upswing at mid-week. Silver prices did post modest gains and hit another 5.5-month high. A solid rebound in the U.S. dollar index and weaker crude oil prices today also were bearish “outside markets” for the gold market on this day. June Comex gold was last down $12.80 at $1,248.10 an ounce. May Comex silver was last up $0.078 at $16.30 an ounce...............................................Full Article: Source
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