Gold futures recaptured a considerable portion of their losses from earlier
this morning while the broader U.S. equity markets turned considerably lower on
Thursday. COMEX gold fuures, per the December contract, bounced from an
intra-day low of $1,705.40 per ounce to $1,742.80 as of 10:40am ET. The Dow
Jones Industrial Average (DJIA) initially climbed as much as 84.99 points to
11,405.70, but turned sharply lower as morning trading progressed, by 105.35
points to 11,215.36. Gold equities advanced alongside the yellow metal, as the
AMEX Gold Bugs Index (HUI) climbed 0.5% to 574.11.
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