Gold Extends Early Losses, Trading At Daily Lows

(Kitco News) - Gold prices are trading moderately lower and have hit their sessionlows in late-morning dealings Thursday. Early losses were extended, as someprofit-taking is featured by the shorter-term futures traders, following thisweek's gains. The U.S. dollar index has also firmed up today and is trading atits daily high, which is also a negative for the precious metals markets. Junegold was last down $8.70 an ounce at $1,344.40.

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.

Many new players enter TSXV gold Top 25 by market cap

Gold stocks mixed on moderate metal gain, flat equities

Gold stocks lead the large cap miners by far over H1/25

Gold stocks up as the metal price and equities gain

Mixed outlook for gold as it remains range bound for past three months