Gold, Silver Prices Dip To Daily Lows As US Dollar Rallies, Crude Oil Sells Off

New York (Dec 6)  Gold and silver prices have lost modest early gains and are at their session lows in late-morning action Wednesday. The metals are losing altitude as the key "outside markets" have turned more bearish on  the day. The U.S. dollar index is higher and is making its daily high, while crude oil prices are solidly lower hitting a daily low. February gold was last up $0.50 at $1,265.50 and March silver hit a 4.5-month low and was down $0.103 at $15.96.