Gold And Silver Prices Lose Early Gains As US Dollar Index Off Its Daily Low

New York (Nov 15)  The gold and silver markets have given back their modest early price gains in late-morning action Wednesday. When the U.S. dollar index moved up from its session low, gold and silver backed down from their daily highs. A slumping crude oil market this week is also a negative outside market working against the precious metals market bulls. December gold was last down $0.70 at  $1,282.50. December silver last traded down $0.043 at $17.03.

Meanwhile, spot palladium price plunges $11 to $980.

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