September 2, 2014
Comex Gold is down in early U.S. trading on Tuesday morning. Gold last traded at $1,267.88 Silver last traded at $19.27 Platinum last traded at $1,416.90
Safe-haven buying of the U.S. Dollar overseas has the U.S. Dollar index at a five week high on Tuesday morning, this has gold posting a ten week low in its wake.
Traders said gold tumbled in early trading when the U.S. market opened on Tuesday morning, there was a rush to buy U.S. currency as safe-haven buyers see a stronger U.S. dollar index on Tuesday morning. Russia sent more troops into the Ukraine region over the weekend, this seems to have given gold little support over the long weekend and looks to offer very little help for gold this week. Trade ...