By: Forbes Real Time
July 23, 2013 at 09:12 AM EDT
A.M. Kitco Metals Roundup: Gold Weaker On Corrective Pullback From Monday's Sharp Gains
(Kitco News) - Gold prices are modestly lower in early U.S. trading Tuesday, on a downside technical correction from the strong gains Monday that propelled the market to a four-week high. Still, the gold and silver market bulls on Monday gained enough upside technical momentum to begin to suggest near-term market lows are in place. August gold was last down $6.10 at $1,329.90 an ounce. Spot gold was last quoted down $4.50 at $1,331.25. September Comex silver last traded down $0.299 at $20.205 an ounce.
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