P.M. Kitco Roundup: Gold Modestly Lower in Quiet Holiday Trading; Bears Have Technical Edge

(Kitco News) - Comex gold prices ended the U.S. day session modestly lower in quiet dealings Monday. Prices hit a three-week low overnight. The Armistice and Veterans Day holidays in Europe and the U.S. Monday squelched market activity. The U.S. government was closed on Monday and no U.S. economic data was released. December Comex gold was last down $2.10 at $1,282.50 an ounce. Spot gold was last quoted down $6.20 at $1283.75. December Comex silver last traded up $0.068 at $21.385 an ounce.