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Gold pulls back as trader/investor confidence increasing
Gold prices are trading solidly lower in midday U.S. trading Tuesday. Some profit taking from the shorter-term futures traders is featured again today. There is keener trader/investor risk appetite in the marketplace to start the U.S. trading week is also a negative for the safe-haven metals. Silver prices are faring well today, despite the pressure on gold. June gold futures were last down $27.20 an ounce at $1,708.30. July Comex silver prices were last down $0.068 at $17.624 an ounce. Global stock markets were mostly higher today. U.S. stock indexes are solidly higher at midday. Traders and investors are upbeat ... (full story)