P.M. Kitco Metals Roundup: Gold Ends Down, At 3-Wk Low, On Technical Selling, Better U.S. Data, Fed Speak

(Kitco News) - Comex gold futures prices ended the U.S. day session solidly lower, hit a three-week low and closed below the key $1,300.00 level. Bearish technical postures for both gold and silver incited more chart-based selling pressure Tuesday. Also, Atlanta Fed president Dennis Lockhart on Tuesday said the Fed could start to taper its monthly bond-buying program at some point yet this year. A sharp decline in the U.S. trade deficit in June also was also a bearish factor for the precious met...