Gold Slips As U.S. Dollar, U.S. Stock Indexes Firmer

(Kitco News) - Gold prices have slipped from near unchanged seen in early U.S.trading, to modestly lower levels in late-morning action Wednesday. A firmerU.S. dollar index and more gains in the U.S. stock indexes are putting somedownside price pressure on the safe-haven metal. Aprilgold was last down $3.10an ounce at $1,323.80.

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.

Gold stocks down on metal decline

Huge quantifiable rise in geopolitical, economic and trade risks

Platinum clearly ahead of palladium for first time in seven years

Gold majors take the lead

Gold ratios versus silver, platinum drop, but still above recent averages