Gold Ends Lower, Hits 6-Week Low, on More Chart-Based Pressure

(Kitco News) - Gold prices ended the U.S. day session moderately down and fell to a six-week low Wednesday, on more technical selling pressure and amid a dearth of fresh, bullish fundamental news for the yellow metal. The gold and silver bears remain in near-term technical control of their markets. April gold was last down $7.00 at $1,304.40 an ounce. Spot gold was last quoted down $6.80 at $1,305.40. May Comex silver last traded down $0.174 at $19.805 an ounce.