Gold Extends Early Gains To Trade Near Daily High

Monday January 30, 2017 10:51

(Kitco News)- Gold prices are rallying in late-morning trading action Monday, after showing just slight gains in early-morning dealings. The U.S. dollar index has backed way off its session high and is trading just above unchanged, which is also prompting some fresh buying interest in the gold market. Bargain-hunters are also stepping in to "buy the dip" after recent selling pressure that drove prices to a three-week low last Friday. February gold was last up $9.50 an ounce at $1,198.00.

By Jim Wyckoff, contributing to Kitco News; jwyckoff@kitco.com
Follow Jim Wyckoff @jimwyckoff

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TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
5,333.50	4,913.50
1oz ABC Bullion Cast Bar
4,426.80	4,026.80
100g ABC Bullion Bar
14,205.60	12,905.60
1kg ABC Bullion Silver
1,728.40	1,378.40