Gold prices are lower in midday U.S. trading Wednesday, amid a lack of fresh bullish market news that is causing prices to drift sideways. Bulls need a fundamental catalyst to jumpstart a price uptrend on the daily chart that is in trouble at present. Silver prices have rebounded a bit after overnight hitting a more-than-three-month low. Silver this week has seen chart damage inflicted. August gold futures were last down $8.50 at $1,802.80 and September Comex silver was last up $0.255 at $25.25 an ounce. Global stock markets were mixed to higher overnight. The U.S. stock indexes are firmer at midday. At mid-week the ... (full story)