Gold Extends Early Gains To Trade Sharply Up As USDX Continues To Weaken

(Kitco News) - Gold prices are sharply higher and near their daily highs inlate-morning trading Thursday. The precious metals are getting a solid boostfrom a big drop in the U.S. dollar index today, showing its largest daily lossin quite some time. December gold was last up $18.20 an ounce at $1,233.20.

By Jim Wyckoff

For Kitco News

Follow @jimwyckoffjwyckoff@kitco.comwww.kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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