Comex Gold Trades Modestly Lower on Profit Taking, Consolidation

Comex gold futures prices have weakened a bit in morning dealings Tuesday.
April gold last traded down $4.50 an ounce at $1,421.90. Prices had been hovering around unchanged levels in earlier trading Tuesday. Gold traders are taking some profits and the market is also in a consolidation mode after the recent price gains. Generally weaker commodity market prices on Tuesday, including crude oil, are also a negative factor for the precious metals.

» Comex Gold Retreats on Profit Taking, Decline in Crude Oil, Firmer U.S. Dollar
» P.M. Kitco Metals Roundup: Comex Gold Ends Weaker on Profit-Taking and Firmer U.S. Dollar Index
» P.M. Kitco Metals Roundup: Comex Gold Ends Near Steady amid Market Consolidation, Stable World Markets
» P.M. Kitco Metals Roundup: Comex Gold Ends Near Steady amid Market Consolidation, Stable World Markets
» Gold Trades Near Steady as Market Pauses