Gold Prices Continue to Slide as Dollar Strengthens

The Street reported that a stronger dollar and sliding stock prices pushed gold prices down.

As quoted in the market news:

Gold for December delivery was losing $13.90 at $1,711.30 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,725.60 and as low as $1,681.20 an ounce while the spot gold price was down $25, according to Kitco’s gold index.

Click here to read the full Street report.