Gold Ends Down; Technical Selling Trumps Safe-Haven Demand

(Kitco News) - Gold prices ended the U.S. day session lower and near the daily low Thursday. The bearish technical posture that has gripped the gold market this week is presently trumping potential safe-haven buying on the Russia-Ukraine crisis. June gold was last down $8.40 at $1,295.10 an ounce. Spot gold was last quoted down $7.10 at $1,295.50. May Comex silver last traded down $0.039 at $19.595 an ounce.