Gold Lower Amid Lack Of Bullish Fundamental Inputs

(Kitco News) - Gold prices are solidly lower in early U.S. trading Thursday and have lost most of this week's price gains. Technical selling pressure has re-emerged due to a lack of fresh, bullish fundamental news for the gold and silver markets. February gold was last down $21.40 at $1,235.70 an ounce. Spot gold was last quoted down $16.60 at $1236.25. March Comex silver last traded down $0.556 at $19.80 an ounce.