Gold Ends Weaker After Scoring 5-Week High Early On

(Kitco News) - Comex gold prices ended the U.S. day session moderately lower Tuesday, but up from the daily low. Gold prices hit a five-week high in overseas trading, but as action moved to the U.S. some technically related selling pressure set in. A firmer U.S. dollar index early on also weighed on the gold and silver markets. However, when the dollar index slipped below unchanged on the day gold prices bobbed up from their daily lows. February gold was last down $10.20 at $1,241.70 an ounce. ...