| Gold prices are higher and trading near the daily high in late-morning dealings Monday. A lower U.S. dollar index is a bullish outside market force working in favor of the precious metals markets. Also, crude oil prices have recovered early losses and are holding slight gains, which is also a positive for the metals markets.
Lower U.S. stock index prices are also adding a bit of safe-haven demand for the gold market as midday approaches. June gold was last up $12.00 an ounce at $1,242.00...............................................Full Article: Source
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