A.M. Kitco Metals Roundup: Gold Solidly Lower On Bearish Outside Markets, Weak Raw Commodity Sector

(Kitco News) - Comex gold futures prices are posting solid losses and hit a three-week low in early trading Wednesday. Bearish outside market forces?a stronger U.S. dollar index and weaker crude oil prices, are combining with a weak technical posture to put the gold sellers in command. June Comex gold last traded down $17.70 at $1,406.80 an ounce. Spot gold was last quoted down $17.30 at $1,409.00. July Comex silver last traded down $0.519 at $22.860 an ounce.