Gold Prices Slip From Firmer Levels To Trade Near Steady

December 21, 2016

New York (Dec 21)  Gold prices are trading down from modest earlier gains and are near unchanged levels in late-morning dealings Wednesday. A lack of fresh, bullish fundamental news continues to limit buying interest in the safe-haven metal. Fully bearish technical chart postures for gold and silver are also keeping chart-based sellers active. February gold was last up $0.10 an ounce at $1,333.80.

By noon EST spot gold was down $4 to $1,132, while spot silver was off more than 1% at $15.96. Spot platinum and palladium were also down about 1%.

Source: KitcoNews

Gold Eagle twitter                Like Gold Eagle on Facebook