USD\EUR 0.8954 CNY\EUR 0.1282 CHF\EUR 0.9110 CAD\EUR 0.6801 AUD\EUR 0.6198 EUR\USD 1.1168 CNY\USD 0.1432 CHF\USD 1.0174 CAD\USD 0.7596 AUD\USD 0.6922

Gold near daily highs as U.S. dollar, stock indexes fade

Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

Live 24 hours gold chart [Kitco Inc.]

(Kitco News) – Gold prices are still modestly lower but have hit daily highs in late-morning price action Monday. The yellow metal has rebounded a bit as the U.S. dollar index is trading down and is at its daily low. The U.S. stock market has also moved lower on the day and is near its daily low, to also support the precious metals markets. February gold was last down $3.00 an ounce at $1,469.80.