Gold Ends Down on Stronger U.S. Dollar, Rebound in Stock Market

(Kitco News) - Gold prices ended the U.S. day session solidly lower Thursday, pressured by a sharp rise in the U.S. dollar index and by U.S. stock indexes rebounding from recent selling pressure. April gold was last down $18.70 at $1,243.50 an ounce. Spot gold was last quoted down $24.40 at $1243.75. March Comex silver last traded down $0.427 at $19.125 an ounce.