Gold Careens To 4.5-Year Low, Hit Again By Surging U.S. Dollar And Equities

(Kitco News) - Gold prices ended the U.S. day session sharply lower and slumped to a 4.5-year low Wednesday. A powerful rally in the U.S. dollar index and rallying U.S. stock indexes continue to pull money away from the safe-haven gold market. December Comex gold was last down $22.60 at $1,145.10 an ounce. Spot gold was last quoted down $23.00 at $1,145.75. December Comex silver last traded down $0.503 at $15.45 an ounce.