Gold and silver prices are lower and dropped to three-month lows in early U.S. trading Friday. The safe-haven metals have been hammered this week by rallying world stock markets that saw the U.S. indexes score record highs Thursday. December gold futures were last down $6.70 an ounce at 1,459.70. December Comex silver prices were last down $0.245 at $16.765 an ounce. Serious near-term technical damage has been inflicted in both gold and silver markets this week, as both have seen bearish downside “breakouts” from sideways trading ranges on the daily bar charts. More price pressure is likely in the near term, with ... (full story)