Gold Pushes To Daily High On Bargain Hunting

(Kitco News) - Gold prices have moved to modestly higher levels and are at theirdaily highs in morning trading Wednesday. Traders stepped in to "buy thedip" and do some bargain hunting following Tuesday's big losses. Preciousmetals traders are still tentative ahead of this afternoon's release of theminutes of the last FOMC meeting. Aprilgold was last up $3.00 an ounce at$1,334.20.

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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