Gold Price Holding Solid Losses In Morning Trading

New York (Jan 25)  Gold prices extended moderate early losses to trade solidly lower and back below the key $1,200.00 level in late-morning action Wednesday. Strong gains in the U.S. stock market Wednesday that have driven the Dow, Nasdaq and S&P 500 to record highs on this day are pulling trader and investor interest away from the safe-haven gold market. February gold was last down $13.80 an ounce at $1,197.00.

Source: KitcoNews