P.M. Kitco Roundup: Gold Ends Solidly Lower On Bearish Outside Markets; FOMC Minutes A Non-Event

(Kitco News) - Gold prices were solidly lower in afternoon U.S. trading Wednesday.  Gold and silver saw strong selling pressure due to the key "outside markets" being in a fully bearish daily posture Wednesday--a sharply higher U.S. dollar index and sharply lower crude oil prices. Technical selling was also featured in gold and silver markets, with gold hitting sell stops in early U.S. dealings. December Comex gold was last down $17.90 at $1,306.80 an ounce. Spot gold was last quoted down $12....