Gold, Silver Modestly Up As U.S. Stock Market Under Pressure

(Kitco News) - Gold and silver prices are holding modest gains inlate-morning action Thursday. The metals are seeing a bit of benefit from U.S.stock indexes that are trading solidly lower on the day, in still-volatileconditions. Still, gains in the metals are being limited by a stableU.S. dollar index after its good gains scored earlier this week. April gold waslast up $2.80 at $1,317.40. March silver was up $0.102 at $16.34.

 

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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