Gold Extends Early Losses As U.S. Dollar Rallies

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(Kitco News) - Gold priceshave added to the modest overnight losses to trademoderately down in late-morning price action Thursday. A rally in the U.S.dollar index and lower crude oil prices are bearish "outside market"forces working against the precious metals markets today. April gold was lastdown $5.90 an ounce at $1,321.70.

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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