Gold Down, Hits 9-Wk Low
Gold prices ended the U.S. day session moderately lower and hit a nine-week low Tuesday. Mild short covering and bargain hunting early in the day gave way to technical selling pressure that in turn triggered sell stops to push prices still lower. June gold was last down $6.90 at $1,281.60 an ounce. Spot gold was last quoted down $8.70 at $1,282.00. May Comex silver last traded up $0.034 at $19.38 an ounce.
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